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TSB Gets Its Moment in the Spanish Sun

Summary
British high street bank finds itself taking a central role in two separate takeover battles

29 Articles

Lean Right

Ana Botín has imposed herself on the bid by the British subsidiary against Barclays. Oliu disposes of her British retail banking a decade later in the hostile takeover of BBVA. She will distribute an extraordinary dividend of 2.5 billion to her shareholders to try to influence her decision Read

·Madrid, Spain
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Lean Left

BBVA is facing this week the decision on whether or not to maintain the opa on Banco Sabadell, after the government imposed an extra condition to the requirements required by the National Commission of Markets and Competition (CNMC). It is the obligation to maintain for three years, expandable by two more, the independence of the Catalan bank legally, in heritage and in autonomy of decisions, which according to the Minister of Economy, Carlos Có…

·Spain
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Center

Banco Sabadell takes out the heavy artillery before BBVA’s opa. In the middle of a key week for the future of the operation after the Council of Ministers has vetoed the merger for at least three years, the Catalan entity has turned back to the contract through different routes with the aim of tying as much support as possible among the shareholders of the Catalan group. One of its first lines of action has focused on setting the date of present…

·Madrid, Spain
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Bias Distribution

  • 43% of the sources lean Left
43% Left

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elconciso.es broke the news in on Sunday, June 29, 2025.
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