Banco Bilbao Vizcaya Argentaria, S.A. (BBVA)
BBVA's Sabadell bid mired in concerns over competition and Mexico
BBVA's long pursuit of Sabadell is becoming even longer, with Spanish regulators launching an in-depth review of its bid, which fell further in value after Donald Trump's U.S. election victory fuelled concerns over its Mexican business.
Spain's antitrust body says BBVA-Sabadell deal requires longer review
BBVA's hostile takeover bid for smaller rival Sabadell will require a phase 2 review, Spain's anti-trust watchdog CNMC said in a statement on Tuesday.
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Q3 2024 Earnings Call Transcript
Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA ) Q3 2024 Earnings Conference Call October 31, 2024 4:30 AM ET Company Participants Patricia Bueno – Investor Relations Onur Genc – Chief Executive Officer Luisa Gomez Bravo – Chief Financial Officer Conference Call Participants Maksym Mishyn – JB Capital Benjamin Toms – RBC Capital Markets Antonio Reale – Bank of America Sofie Peterzens – JPMorgan Ignacio Ulargui – BNP Paribas Exane Carlos Peixoto – CaixaBank Britta Schmidt – Autonomous Research Marta Sanchez Romero – Citi Patricia Bueno Good morning.
BBVA submits remedies as seeks to ease Sabadell competition concerns
BBVA has submitted possible remedies to competition authorities in order to ease concerns and avoid a longer review of its proposed 12 billion euro ($13 billion) takeover of Sabadell , the Spanish bank's CEO said on Thursday.
BBVA's Q3 net profit up 26% compared to same period in 2023
BBVA said on Thursday its third quarter net profit rose 26% from the same period in 2023 thanks to a solid performance in Spain, where it aims to expand through an around 12 billion euros takeover bid for rival Sabadell.
Spain's CNMC to say in few weeks whether to review BBVA's bid for Sabadell in phase 2
Spain's anti-trust watchdog CNMC said on Wednesday it would decide around mid-November whether BBVA's takeover bid for smaller rival Sabadell will be reviewed in phase 1 or phase 2 of its evaluation process.
Spain's anti-trust watchdog continues analysis of BBVA's takeover bid for Sabadell
Spain's anti-trust watchdog CNMC on Monday said it continued analysing potential competition issues of BBVA's hostile takeover bid for smaller rival Sabadell which it said was still reviewed under phase 1.
Best Income Stocks to Buy for October 22nd
BBVA, UMC and JXN made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 22, 2024.
BBVA sees an additional 8 bps impact on capital after adjusted offer for Sabadell
Spanish bank BBVA raised the impact on its capital ratio to 38 basis points after it adjusted the hostile takeover offer for its smaller rival Sabadell , it said in a regulatory filing to the U.S. Securities and Exchange Commission on Tuesday.
BBVA bid for Sabadell could last until Q1 2025 if in depth-review required-Economy minister
Spain's Economy minister Carlos Cuerpo said on Friday it was too early to say if the competition authorities would review BBVA's takeover bid for Sabadell in phase 1 or would require a more in-depth phase 2 analysis, which would extend the process well into the first quarter of 2025.
BBVA adjusts offer for Sabadell following dividend payments
Spain's BBVA on Tuesday said that it had adjusted its takeover offer for Sabadell to take into account interim dividend payments by both lenders to shareholders.
BBVA, KKR form climate-focused strategic partnership
Spanish lender BBVA and U.S. investor KKR said on Friday they had formed a strategic partnership focused on investments linked to the world's climate-driven transition to a low-carbon economy.
