Banco Bilbao Vizcaya Argentaria, S.A. (BBVAE.XC)
- Reuters
Exclusive-Sabadell pauses closing of Nexi deal following BBVA bid, sources say
Spain's Sabadell has postponed the completion of the sale of its retailers' payments business to Nexi after becoming the target of a hostile takeover by BBVA, two sources with knowledge of the matter said. "The plans are expected to continue as soon as the outcome of the takeover bid is clarified," the source said. Spokespeople for Sabadell and Nexi declined to comment.
- Investing.com
CNMV processing BBVA's takeover bid for Sabadell: What should investors do?
Investing.com - The National Securities Market Commission (CNMV) has today admitted for processing the public takeover offer launched by BBVA (BME: BME:BBVA) for Banco Sabadell (BME: SABE).
- Reuters
Spanish stock market supervisor assesses BBVA's application for $13 billion Sabadell deal
MADRID (Reuters) -Spain's stock market supervisor said on Tuesday it has started assessing BBVA's 12.28 billion euro ($13.19 billion) hostile takeover bid for Sabadell, a potential tie-up that Madrid opposes. The National Securities Market Commission (CNMV) said it had admitted BBVA's application for authorising the deal, which is part of its regulatory process for approving deals. The deal also requires approval from the European Central Bank and Spanish antitrust watchdog CNMC.
