Sabadell's Potential TSB Sale Doesn't Change Bid Price, BBVA Chair Says -- Market Talk

Dow Jones

Jun 18, 2025

1149 GMT - Sabadell's potential sale of its U.K. subsidiary isn't expected to have any effect on the price BBVA put forward in its all-share takeover offer, BBVA's chair says. "I don't think this is the right time to carry out the sale of such a significant asset at this time," Carlos Torres Vila tells Spanish radio station Onda Cero. Sabadell has said that it received interest for its TSB unit. Torres Vila says that the takeover would still be interesting even if the transaction goes ahead without the entities being able to fully merge. "The operation also makes enormous sense because we can have coordinated management that allows us to extract much of the value we have planned," he says. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

June 18, 2025 07:50 ET (11:50 GMT)

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Sabadell has said that it received interest for its TSB unit. Torres Vila says that the takeover would still be interesting even if the transaction goes ahead without the entities being able to fully merge. \"The operation also makes enormous sense because we can have coordinated management that allows us to extract much of the value we have planned,\" he says. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 18, 2025 07:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sabadell's Potential TSB Sale Doesn't Change Bid Price, BBVA Chair Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSabadell's Potential TSB Sale Doesn't Change Bid Price, BBVA Chair Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-18 19:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1149 GMT - Sabadell's potential sale of its U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. subsidiary isn't expected to have any effect on the price BBVA put forward in its all-share takeover offer, BBVA's chair says. \"I don't think this is the right time to carry out the sale of such a significant asset at this time,\" Carlos Torres Vila tells Spanish radio station Onda Cero. Sabadell has said that it received interest for its TSB unit. Torres Vila says that the takeover would still be interesting even if the transaction goes ahead without the entities being able to fully merge. \"The operation also makes enormous sense because we can have coordinated management that allows us to extract much of the value we have planned,\" he says. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 18, 2025 07:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2544974901","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544974901","pubTimestamp":1750247400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1149 GMT - Sabadell's potential sale of its U.K. subsidiary isn't expected to have any effect on the price BBVA put forward in its all-share takeover offer, BBVA's chair says. \"I don't think this is the right time to carry out the sale of such a significant asset at this time,\" Carlos Torres Vila tells Spanish radio station Onda Cero. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","BBVA":"西班牙外换银行"},"translate_title":"BBVA主席表示，Sabadell潜在的TSB出售不会改变买入价——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBVA":1},"content_text":"1149 GMT - Sabadell's potential sale of its U.K. subsidiary isn't expected to have any effect on the price BBVA put forward in its all-share takeover offer, BBVA's chair says. \"I don't think this is the right time to carry out the sale of such a significant asset at this time,\" Carlos Torres Vila tells Spanish radio station Onda Cero. Sabadell has said that it received interest for its TSB unit. Torres Vila says that the takeover would still be interesting even if the transaction goes ahead without the entities being able to fully merge. \"The operation also makes enormous sense because we can have coordinated management that allows us to extract much of the value we have planned,\" he says. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 18, 2025 07:50 ET (11:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}