The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s ...

The European Commission has sent Spain a legal warning over its move to block a banking merger between BBVA and Banco ...

According to the EC, Spain's actions contravene European Union rules, potentially impacting the region's banking ...

Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...

BBVA said on Tuesday it had approached Sabadell about a possible merger, ... Spain's BBVA takes aim again at $10 bln Sabadell. By Jesús Aguado. April 30, 2024 5:04 PM UTC Updated April 30, 2024 ...

Now, BBVA said it would offer one newly issued share for every 4.83 Sabadell shares, an exchange ratio representing a 30% premium over the closing prices of BBVA and Sabadell on April 29.

The warning follows Spain’s decision to subject the bid to a 30-day cabinet review. ... EU cautions Spain over review of BBVA’s €11bn Sabadell bid. Story by ... it can veto a legal merger, ...

Banco Bilbao Vizcaya Argentaria is pursuing merger talks with smaller peer Banco de Sabadell, seeking another shot at a tie-up that could make it Spain’s largest bank after a previous attempt ...

The board of Spain's Banco Sabadell on Monday rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, Sabadell said in a statement to the Spanish ...

Spain's second-largest bank BBVA announced Thursday a hostile takeover bid for Banco Sabadell, ... BBVA's hostile bid values Banco Sabadell at nearly 11.5 billion euros ...

BBVA Seeks To Explore Possible Merger With Sabadell; Stock Down April 30, 2024 — 02:48 pm EDT Written by RTTNews.com for RTTNews -> ...

BBVA’s Bid Still Better Than Sabadell’s Self-Help Spain's sunny economy is introducing new complications to the possibility of the bank merger. August 1, 2024 at 12:00 AM EDT ...