US EditionSabadell Shareholders Approve Sale of Its British Unit TSB to ...
37 Articles
37 Articles
He says to the CNMV that "he is reviewing the synergies of operating costs and financing that could materialize during the first three years", in which the government does not allow him to merge the entitiesThe shareholders of Sabadell approve the sale of their British subsidiary and the megadividend that complicate the OPA of BBVA The BBVA bank recognizes that Sabadell's decision to sell its business in the United Kingdom disrupts its plans in …
The extraordinary meeting of the Catalan entity has approved, by an overwhelming majority of 99.6% of the votes, the sale of the British subsidiary TSB to Banco Santander. Fresh money to pay dividends and to have the shareholders happy, the same ones that, in the end, will have in their hand to decide if to accept the offer of absorption presented by BBVA. The second consecutive meeting, held just as to endorse the operation, has validated the d…
Banco Sabadell finishes the second extraordinary meeting held on Wednesday, August 6, which has received the support of the shareholders for the distribution of 2.5 billion in dividend, an amount that comes from the sale of its business in the United Kingdom to Banco Santander for 3.1 billion euros. The entity takes a mass bath in the Fira de Sabadell before its shareholders, who show their support to the group in the context marked by the BBVA …
Sabadell shareholders give green light to TSB sale and approve distribution of €2.5 billion extraordinary dividend
The Corner Bankinter | Shareholders have given the green light to the sale of British subsidiary TSB to Santander for €3.1 billion and approve the distribution of an extraordinary dividend of €2.5 billion by a large majority (>99.5% in both cases). Bankinter analysis team’s view: The decision was taken on Wednesday during two Extraordinary General Meetings, and Sabadell’s share price reacted with a rise of 2% (versus 0.9% for the Spanish stock...
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