BancodeSabadell

News

Reuters - 1 day ago

Spanish stocks - Factors to watch on Oct 4

Spanish stocks - Factors to watch on Oct 4 Oct 4 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Fri day . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: IBERDROLA IBE.MC Iberdrola's Avangrid said on Thursday it won a $450 million federal capacity contract for Maine Transmission project.

Reuters - 2 days ago

Sabadell CEO says 2024 full-year profit could top 1.6 bln euros

Sabadell CEO says 2024 full-year profit could top 1.6 bln euros MADRID, Oct 3 (Reuters) - The CEO of Spain's Sabadell SABE.MC , Cesar Gonzalez-Bueno, on Thursday said the bank could earn more than 1.6 billion euros ($1.76 billion) in net profit in 2024 if it manages to perform as well in the second half of the year as it did in the first. Sabadell is trying to fend off an around 12 billion euro hostile takeover by rival BBVA.

Reuters - 2 days ago

Mediobanca CEO says conditions not right for cross-border bank M&A in Europe

UPDATE 2-Mediobanca CEO says conditions not right for cross-border bank M&A in Europe Releads with Mediobanca CEO's comments MILAN, Oct 3 (Reuters) - Conditions are not favourable for cross-border banking tie-ups in Europe, the head of Italy's Mediobanca MDBI.MI said on Thursday, adding that a potential acquisition of Commerzbank by UniCredit would not qualify as a cross-border deal.

Reuters - 3 days ago

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: British Land, Zayo Group, Fennemore Craig, Altor Oct 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Wednesday: ** Property firm British Land Co Plc BLND.L said on Wednesday it has acquired a portfolio of seven retail parks from Brookfield Asset Management BAM.TO for 441 million pounds ($585.34 million), increasing its position in the retail park market.

Reuters - 3 days ago

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Brembo BRBI.MI has sold its entire 5.6% stake in tyre maker Pirelli PIRC.MI for around 283 million euros ($313 million), a move dampening speculation about a merger between the two Italian groups.

Reuters - 3 days ago

Eurpoean futures point to tepid start

LIVE MARKETS-Eurpoean futures point to tepid start Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN FUTURES POINT TO TEPID START European futures are pointing to a marginally positive open, but the mood remains tense amid developments in the Middle East.

Reuters - 3 days ago

BBVA tweaks Sabadell offer to keep $13.4 billion value after dividends

UPDATE 3-BBVA tweaks Sabadell offer to keep $13.4 billion value after dividends Tweaked offer adds cash payment of 0.29 euros per share RBC sees cash component rising, room for 10% improvement Caixabank, Citi see new hit of 7-8 bps to BBVA's capital Spanish government opposes the tie-up Adds no comment from BBVA on brokers' estimates for capital impact in paragraph 7, current valuation of the deal in 13 By Jesús Aguado MADRID, Oct 2 (Reuters) - Spain's BBVA BBVA.MC said on Tuesday it had adjust

Reuters - 3 days ago

Spanish stocks - Factors to watch on Oct 2

Spanish stocks - Factors to watch on Oct 2 Oct 2(Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: SABADELL SABE.MC , BBVA BBVA.MC Spain's BBVA BBVA.MC on Tuesday said that it adjusted its takeover offer for Sabadell SABE.MC to reflect interim dividend payments by both lenders to shareholders.

Reuters - 3 days ago

BBVA adjusts offer for Sabadell following dividend payments

BBVA adjusts offer for Sabadell following dividend payments MADRID, Oct 2 (Reuters) - Spain's BBVA BBVA.MC on Tuesday said that it had adjusted its takeover offer for Sabadell SABE.MC to take into account interim dividend payments by both lenders to shareholders. The adjustments, are intended to maintain the economic terms of the offer, originally announced in May, following the dividend payments made by both banks.

Reuters - 1 week ago

Spanish stocks - Factors to watch on Sept 27

Spanish stocks - Factors to watch on Sept 27 Sept 27 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: SOLTEC SOLPW.MC The company said on Thursday it would publish H1 results as soon as a review was completed, expecting an initial revenue of 250-260 million euros.

Reuters - 1 week ago

BBVA to issue 1.5 bln euros worth of convertible securities

BBVA to issue 1.5 bln euros worth of convertible securities Sept 26 (Reuters) - Spanish bank BBVA BBVA.MC approved the issuance of securities worth as much as 1.5 billion euros ($1.67 billion) convertible into newly issued ordinary shares, the company said on Tuesday. The value of the new issuance excludes shareholders' pre-emption rights, the bank said.

Reuters - 1 week ago

European politicians should make way for banking M&A, says BBVA CEO

RPT-UPDATE 2-European politicians should make way for banking M&A, says BBVA CEO Repeats SEPT. 25 story with no changes to text By Andres Gonzalez and Tommy Reggiori Wilkes LONDON, Sept 26 (Reuters) - European banks risk falling further behind global rivals if governments stand in the way of UniCredit's CRDI.MI potential takeover of Germany's Commerzbank CBKG.DE and BBVA's BBVA.MC bid for Sabadell SABE.MC , the CEO of Spain's BBVA said on Wednesday.

Reuters - 1 week ago

European politicians should make way for banking M&A, says BBVA CEO

UPDATE 2-European politicians should make way for banking M&A, says BBVA CEO Adds context in paragraph 6-7, details in paragraphs 10, 14-15 By Andres Gonzalez and Tommy Reggiori Wilkes LONDON, Sept 25 (Reuters) - European banks risk falling further behind global rivals if governments stand in the way of UniCredit's CRDI.MI potential takeover of Germany's Commerzbank CBKG.DE and BBVA's BBVA.MC bid for Sabadell SABE.MC , the CEO of Spain's BBVA said on Wednesday.

Reuters - 1 week ago

European politicians should make way for banking M&A, says BBVA CEO

European politicians should make way for banking M&A, says BBVA CEO LONDON, Sept 25 (Reuters) - European banks risk falling further behind global rivals if governments stand in the way of UniCredit's CRDI.MI potential takeover of Germany's Commerzbank CBKG.DE and BBVA's BBVA.MC bid for Sabadell SABE.MC , the CEO of Spain's BBVA said on Wednesday. "If our deal doesn't happen, or that [UniCredit and Commerzbank] deal doesn't happen, it's going to be bad," Onur Genc told Reuters in an interview in

Reuters - 1 week ago

BBVA CEO: Ready To Talk To Government Over Competition Concerns Raised By Sabadell Offer

BRIEF-BBVA CEO: Ready To Talk To Government Over Competition Concerns Raised By Sabadell Offer Sept 25 (Reuters) - Banco Bilbao Vizcaya Argentaria's BBVA.MC CEO Onur Genc says in a banking conference in London: EVERYONE SHOULD PURSUE DEALS SUCH AS OUR BID FOR BANCO SABADELL SABE.MC BECAUSE COST STRUCTURE IS EVOLVING DUE TO TECHNOLOGY, SOFTWARE DEVE

Reuters - 2 weeks ago

ECB's role in any UniCredit and Commerzbank combination

EXPLAINER-ECB's role in any UniCredit and Commerzbank combination FRANKFURT, Sept 19 (Reuters) - UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told Reuters, while saying it would be open to a full takeover bid. For UniCredit CRDI.MI to raise its Commerzbank CBKG.DE stake above 10% will, however, need approval from the European Central Bank, the supervisor of the euro zone's biggest banks

Reuters - 3 weeks ago

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Sept 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Tuesday: ** The U.S. Transportation Department said it had agreed to allow Alaska Airlines ALK.N to close on its $1.9 billion acquisition of Hawaiian Airlines HA.O , after the carriers agreed to maintain key Hawaiian routes and adopt consumer protections.

Reuters - 3 weeks ago

BBVA has no intention of increasing Sabadell offer, chairman says

UPDATE 1-BBVA has no intention of increasing Sabadell offer, chairman says Adds comments from Torres on competition and stock prices BARCELONA, Sept 17 (Reuters) - Spanish bank BBVA BBVA.MC has no intention of increasing its offer for smaller rival Sabadell SABE.MC , Chairman Carlos Torres said on Tuesday. The current offer is "very attractive" and will convince Sabadell's shareholders, Torres said at a university alumni event held in Barcelona.

Reuters - 3 weeks ago

Sabadell and BBVA executives joust over prospects for takeover bid

UPDATE 2-Sabadell and BBVA executives joust over prospects for takeover bid Adds detail on market pricing in paragraphs 7-9, background MADRID, Sept 16 (Reuters) - The head of Banco Sabadell SABE.MC said it was highly unlikely that larger rival BBVA BBVA.MC would succeed with a multi-billion euro hostile bid for his bank. "I think the chances of the operation being successful are very slim," Sabadell CEO Cesar Gonzalez-Bueno told a banking event in Madrid on Monday.

Reuters - 3 weeks ago

Sabadell's CEO sees success of BBVA's hostile takeover as 'very unlikely'

Sabadell's CEO sees success of BBVA's hostile takeover as 'very unlikely' MADRID, Sept 16 (Reuters) - Banco Sabadell SABE.MC CEO Cesar Gonzalez-Bueno said on Monday he sees the success of the hostile takeover of his bank by larger rival BBVA BBVA.MC as very unlikely. "I think the chances of the operation being successful are very slim," he told a banking event in Madrid.

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.