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MADRID (Reuters) -Sabadell shareholders on Wednesday unanimously approved the sale of its TSB business in Britain to ...
MADRID (Reuters) -Sabadell shareholders on Wednesday unanimously approved the sale of its British unit TSB to Santander, ...
BBVA has decided to maintain its takeover offer for Banco Sabadell despite investor backing for the rival's decision to sell ...
Spain's BBVA filed an appeal with the Supreme Court on July 15 against government-imposed conditions on its proposed takeover ...
A MAJOR bank with five million customers could vanish after its sale to Spanish rival. TSB is set to be taken over by Spanish ...
The Catalan lender aims for a return on tangible equity of 16% by 2027, from 15.3% at the end of June this year.
BBVA SA has appealed the decision by the Spanish government to block it from integrating Banco Sabadell SA if it’s takeover offer is successful.
BBVA SA has decided to maintain its takeover offer for Banco Sabadell SA despite investor backing for the rival’s decision to sell its UK unit TSB.
Judged by the share prices, Banco de Sabadell SA’s deal to sell its UK arm, TSB, to Spanish rival Banco Santander SA for nearly £2.7 billion ($3.7 billion) is great news for everyone involved.
Sabadell acquired TSB, which was formerly owned by Lloyds Banking Group, in 2015 for £1.7bn as part of the bank’s then strategy to “internationalise” and diversify away from Spain.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spanish bank Sabadell has traded blows with US private equity group Cerberus in a €365mn London lawsuit ...
Sabadell agreed last month to sell TSB to Santander for an initial 2.65 billion pounds ($3.53 billion) in cash, which analysts viewed as a strategy to stop BBVA's takeover approach, which aims to ...