BBVA has failed in its €17 billion takeover bid for rival Sabadell. The offer was accepted by just over a quarter of shareholders representing Banco Sabadell shares - short of the 50% needed to take
BBVA SA Chairman Carlos Torres discusses the bank's $19 billion offer for Banco Sabadell SA, which was rejected by three quarters of shareholders late Thursday. "We move on, and we continue to look ah
Shares in BBVA rose 5.7% after it announced it would immediately resume share buybacks following its failure to convince Sabadell shareholders to back its 16.32 billion euro ($19.09 billion) hostile t
The chairman of Spain's BBVA , Carlos Torres, said on Friday he would not resign despite the bank's failure to convince Sabadell shareholders to back its 16.32 billion euro ($19.1 billion) hostile tak
Shareholders representing just over a quarter of Sabadell's capital accepted BBVA's offer, falling short of the 30% required for the deal to go ahead.
Spain's BBVA said on Thursday its hostile takeover bid for smaller rival Sabadell failed as it could not secure at least 30% of its shares in a public tender offer earlier this month.
Banco Bilbao (BBVA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

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Sabadell shareholders voted heavily against Banco Bilbao Vizcaya Argentaria's (BBVA) takeover bid, revealing another level of uncertainty over one of Spain's highly publicised banking operations. More
Spain's Sabadell said on Tuesday that 2.8% of its shareholders representing 30.8% of the bank's capital have accepted BBVA's 16.48 billion euro ($19.07 billion) hostile takeover bid.
Sabadell's second-largest investor, Zurich Insurance, said on Tuesday it would not back a hostile bid for the Spanish bank from bigger rival BBVA , as the two sides stepped up a war of words over whet
As markets shrug off shutdown fears, five high-ROE "cash cow" stocks like Arista and AppLovin stand out for efficient growth potential.
BBVA has 8 billion euros ($9.4 billion) in capital for a mandatory cash offer for Sabadell should it fail to convince enough of its smaller rival's shareholders to accept its hostile offer, Chief Exec
Here is how Banco Bilbao (BBVA) and Bridgewater (BWB) have performed compared to their sector so far this year.
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