Spanish National Securities Market Commission (CNMV) Chairman, Rodrigo Buenaventura, stated on Tuesday that they will monitor the National Markets and Competition Commission's (CNMC) decision on whether BBVA's takeover bid for Banco Sabadell will be approved in the first phase or proceed to a...
The Spanish government has criticized Banco Bilbao Vizcaya Argentaria SA (BBVA)'s $13 billion hostile takeover bid of Banco Sabadell, warning of the "detrimental effects" of that move, Europa Press reported on Thursday, citing people familiar with the matter.According to the sources, the move...
Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain's second-largest bank, initiated a $13 billion hostile takeover bid for Banco de Sabadell SA on Thursday.The €58 billion bank announced the transaction through a voluntary tender offer, with conditions similar to those of its initial offer, just days...
Spain's third-biggest lender CaixaBank SA is contemplating the possibility to leave the Catalan capital in case the region declares independence, the Financial Times reported, quoting sources familiar with the matter. It would maintain its main office, but it may move its legal seat out of Barcelona,...
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