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Spain's BBVA remains committed to cooperating with the competition authority CNMC to secure approval for the lender's takeover of Sabadell "in a few months", Chief Executive Officer Onur Genc said on Wednesday.
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.
BUENOS AIRES, Argentina--(BUSINESS WIRE)--Banco BBVA Argentina S.A. (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) today announced that it will report its Third Quarter 2024 results. Earnings Release Wednesday, November 20, 2024 Time: After market close Conference Call Thursday, November 21, 2024 Time: 12:00 p.m. Buenos Aires time – (10:00 a.m. EST) Quiet Period From Wednesday, November 6, though Wedn...
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 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 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.
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