MADRID (Reuters) - Spanish bank BBVA formally launched on Monday its 14.8 billion euro ($17.34 billion) hostile takeover bid for Sabadell, with some analysts expecting it will have to raise its offer ... U.S. News & World Report: Sabadell CEO Expects BBVA to Improve Its Offer for the Bank MADRID (Reuters) - Sabadell Chief Executive Cesar Gonzalez-Bueno expects BBVA to submit a higher offer for his bank, he said on Tuesday, adding that its Spanish competitor's hostile takeover bid ...

Understanding the Context

Bank expects retail investors not to tender their shares Aims to remain national player, not compete at global level BBVA needs to present different proposal to offset risk, Sabadell says The ... MADRID (Reuters) - Spanish bank Sabadell's board unanimously recommended its shareholders reject BBVA's hostile takeover bid on Friday, a move that may add pressure on the rival to increase its offer. Euronews on MSN: Sabadell Bank raises shareholder payout promise as BBVA eyes takeover Spain’s Sabadell Bank announced on Friday that it had achieved a record full-year profit, allowing it to offer generous shareholder payouts. The bank shared that it had made €1.83bn in 2024, a year-on ...

Key Insights

Spanish bank Sabadell on Friday said its board had rejected larger national rival BBVA's hostile takeover bid and urged shareholders to shun it as the clock ticked down on their final decision. The ... Sabadell's bosses are determined to maintain the independence of Spain's fourth-biggest bank - Copyright AFP/File YASUYOSHI CHIBA Sabadell's bosses are determined to ... MADRID (Reuters) -Spain's Sabadell pledged on Thursday to boost profits and payouts for shareholders, including from the recently-agreed sale of UK arm TSB, as the bank set out its case to remain ...