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Sabadell shares rise further on BBVA merger proposal, but well below premium

Shares in Spanish bank Sabadell rose around 5% on Thursday, adding to gains since bigger rival BBVA announced a merger proposal this week, but still far off the premium offered as the market assessed the viability of the all-share deal. Sabadell shares have risen by over 8% since Monday's closing price. BBVA announced the merger talks on Tuesday, aiming for a deal that would create a Spanish bank with assets of nearly 1 trillion euros ($1.07 trillion) and a market value close to Santander's.

Sabadell
Comunidad-autonoma-de-cataluna
Spain
Madrid
Spanish
Susan-fenton
Andrei-khalip
Johann-scholtz
Carlos-torres
Matteo-allievi
Deutsche-bank
Banco-sabadell

Portugal's new government warns previous administration's spending may widen deficit

LISBON, May 2 - Portugal s new centre-right government said on Thursday the public deficit is likely to widen further once it has finished assessing. -May 02, 2024 at 11:56 am EDT - MarketScreener

Lisbon
Lisboa
Portugal
Sergio-goncalves
Toby-chopra
Andrei-khalip
Joaquim-miranda-sarmento
Miranda-sarmento
Fernando-medina
Reuters
Prime-minister-antonio-costa
Finance-minister-fernando-medina

Portugal's Novo Banco aims for IPO, wants end of dividend ban

Portugal s fourth-largest bank Novo Banco wants to remain independent and is targeting an initial public offering , which should ideally be preceded by the lifting of a ban on dividend payouts,. -May 02, 2024 at 05:28 am EDT - MarketScreener

Lisbon
Lisboa
Portugal
Mark-bourke
Andrei-khalip
Sergio-goncalves
Novo-banco
Reuters
Markets

ECB Should Start Cutting Rates in June if Inflation Keeps Falling, De Cos Says

ECB Should Start Cutting Rates in June if Inflation Keeps Falling, De Cos Says
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Germany
Spain
Madrid
Spanish
Andrei-khalip
Reuters
European-central-bank
Pablo-hernandez-de-cos
Inti-landauro

Airport operator Aena's quarterly profit doubles on record traffic

Spanish airport operator Aena said on Tuesday its first-quarter net profit had nearly doubled to 261 million euros as passenger traffic to and from one of the world s most-visited countries.

United-states
Madrid
Spain
United-kingdom
Britain
Spanish
America
Andrei-khalip
Corina-pons
Reuters
Latin-america
Markets

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