Will TSB be the next challenger bank to go up for sale? May 20, 2024 A potential sale of TSB Bank is back in focus as its Spanish parent company Sabadell grapples with a rare hostile takeover attempt by larger domestic rival BBVA.
BBVA could raise offer for Sabadell by selling TSB, analysts say May 13, 2024 Analysts have argued Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) could raise its hostile takeover bid for smaller domestic rival Banco Sabadell by selling its UK arm TSB.
BBVA launches hostile takeover bid for TSB owner Sabadell May 9, 2024 BBVA has launched a hostile takeover bid for Banco Sabadell after its first offer was rejected.
BBVA refuses to raise offer for Spanish bank merger with TSB owner Sabadell May 8, 2024 Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) has written to smaller domestic rival Banco Sabadell saying that it would not raise its offer for a merger, which Sabadell rejected earlier this week.
TSB owner Sabadell rejects BBVA’s £10.3bn takeover bid which ‘undervalues’ bank May 7, 2024 Banco Sabadell, the Spanish owner of British high street bank TSB, has rejected a €12bn (£10.3bn) all-share merger proposal from its bigger domestic rival Banco Bilbao Vizcaya Argentaria (BBVA).