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

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

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

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

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 ...

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 ...

Warning comes as European Commission pushes for more bank mergers to boost European financial sector’s fire power.

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 ...

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 European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank ...

Spain's antitrust watchdog has cleared the deal, ... "BBVA-Sabadell merger faces at least three-year integration delay" was originally created and published by Retail Banker International, ...

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