European bank mergers can succeed even though BBVA failed
This year is set to be the busiest in terms of deal value for the continent in more than a decade
This year is set to be the busiest in terms of deal value for the continent in more than a decade

A surge in long-term interest rates and economic optimism has lifted the region’s lenders

Spanish bank aims to conclude 18-month pursuit with improved €17bn bid for smaller rival

Tender offer only won over shareholders holding 25% of smaller rival’s stock

Combining the two lenders would eventually create €900mn of synergies and form Spain’s second-biggest bank by assets

Lender files complaint with market regulator alleging Sabadell staff are obstructing voting

Possibility of Sabadell shareholders getting a better offer from their Spanish rival leaves them with an uncomfortable choice