BBVA gets approval to take over Sabadell's Mexican businesses

BBVA has received approval from Mexico's competition authority for acquiring Sabadell's Mexican operations, amid ongoing scrutiny and opposition from the Spanish government concerning the deal.

Spain stocks higher at close of trade; IBEX 35 up 1.63%

Spain's stock market closed higher, with the IBEX 35 reaching a 5-year high, led by financial stocks, while gold and crude prices experienced slight declines.

Spain's lower house approves tax package extending bank windfall tax

Analysis-BBVA's Sabadell bid mired in concerns over competition and Mexico

BBVA's bid for Sabadell faces delays due to regulatory review, fluctuating stock values, and concerns over the Mexican market after Trump's U.S. election victory.

Spain stocks lower at close of trade; IBEX 35 down 0.13%

Spain's IBEX 35 index fell 0.13%, driven by declines in various sectors, while International Airlines Group and Grifols saw significant gains. Commodities and currency updates included lower oil prices.

Spain stocks lower at close of trade; IBEX 35 down 0.19%

Spain's stock market declined with IBEX 35 down 0.19%. Caixabank led gains, while Puig Brands saw significant losses. Commodity and currency updates included slight changes in gold and oil prices.

Spain stocks higher at close of trade; IBEX 35 up 1.32%

Spain's stock market rose, led by gains in finance and real estate. The IBEX 35 increased 1.32%, with Fluidra hitting a 52-week high.

GQG Partners sells BBVA stake over Sabadell hostile bid, FT reports

GQG Partners sold its stake in BBVA due to the bank's hostile bid for Banco Sabadell, citing concerns over distractions and loss of focus on emerging markets.

Spain stocks higher at close of trade; IBEX 35 up 0.07%

Spain's IBEX 35 gained 0.07% on Friday, led by the Financial sector. Major stocks rose, while oil prices fell, and gold futures increased.

Sabadell CEO says 2024 full-year profit could top 1.6 billion euros

Sabadell's CEO forecasts 2024 profits above €1.6 billion amid BBVA's hostile takeover bid, which has now been adjusted based on interim dividends and fluctuating share prices.