Tag: Sabadell
BBVA, shareholders approve capital increase for takeover bid on Banco Sabadell
(Finance) – The shareholders of the Spanish banking giant BBVA they have capital increase approved by overwhelming majority for the integration of the domestic rival Sabadell Bank. With the 96%…
BBVA offer for Sabadell, Morningstar DBRS: more advantages than disadvantages
(Finance) – From a credit rating point of view, the acquisition of Sabadell from BBVA probably would have positive implications for long-term credit ratings of Sabadell, currently positioned two notches…
BBVA, authorization requested from Spanish Supervision for takeover bid on Sabadell
(Finance) – BBVAa Spanish banking giant, has required toSpanish Supervisory Authority L’authorization to the public takeover offer (OPA) voluntary on the rival’s actions Sabadell Bank. The bidder has decided to…
Fitch: hostile nature of BBVA’s takeover bid for Sabadell risks distracting both
(Finance) – The public takeover offer (OPA) hostile of Banco Bilbao Vizcaya Argentaria (BBVA) on Banco de Sabadell, without the support of Sabadell’s board of directors, increases execution risks. Fitch…
Banco Sabadell rejects BBVA merger proposal. Board of Directors: “underestimates the bank and its prospects”
(Finance) – The Spanish bank Sabadell rejected the merger offer of BBVA which would have created a European banking giant. “After a detailed analysis of the proposal – we read…