Spain’s BBVA raises its offer for smaller rival Banco Sabadell by 10%
Spanish banking giant BBVA on Monday sweetened its takeover bid for Banco Sabadell, hoping the improved terms will persuade shareholders of its smaller rival to...
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Spain’s Aena to invest €12.9 billion in upgrading airports during 2027-2031
Spanish airport operator Aena announced on Thursday that it intends to more than triple its investment programme, committing 12.88 billion euros for the 2027–2031 period...
Renfe withdraws low-cost Avlo trains from Barcelona-Madrid line, replaces it with AVE
Renfe, Spain’s national rail operator, has confirmed that it will remove all Avlo trains from the high-speed Barcelona–Madrid corridor. The budget service, launched under the...
Spain joins other EU nations in halting dispatch of low-value parcels to USA
Spain’s national postal operator, Correos, has announced that it is temporarily suspending the dispatch of low-value parcels to the United States following the introduction of...
Spain’s Air Europa accepts offer from Turkish Airlines to acquire minority stake
Turkish Airlines has confirmed that its proposal to acquire a minority shareholding in Spain’s Air Europa has been accepted. The national carrier of Turkey had...
Banco Sabadell’s shareholders approve sale of UK subsidiary TSB to Santander
Banco Sabadell shareholders unanimously backed the sale of its UK subsidiary TSB to Banco Santander at an extraordinary meeting on Wednesday. Analysts have said that...
Despite US tariff uncertainty, Spanish economy increased pace in 2nd quarter
Spain’s economy picked up pace in the second quarter of 2025, thanks largely to a boost in exports, even amid trade uncertainty triggered by increasing...
Brussels takes legal action against Spain for obstructing BBVA’s takeover bid for Sabadell
The European Commission has formally challenged Spain over its actions to obstruct BBVA’s hostile takeover bid for rival Sabadell. On Thursday, a letter of formal...
BBVA to proceed with Sabadell takeover bid, despite government’s conditions
Spain’s BBVA said on Monday that it would be moving ahead with its hostile takeover bid for smaller rival Sabadell, despite the government effectively blocking...
Spanish government says BBVA must keep Sabadell separate for 3 years as takeover condition
Spain’s BBVA will be required to maintain Banco Sabadell and itself as separate entities for at least three years and safeguard existing jobs, according to...
