Banco de Sabadell, S.A.

SAB

ES0113860A34

Banks

Real-time Estimate Tradegate Other stock markets 11:05:48 21/01/2025 GMT			5-day change	1st Jan Change
2.125 ^EUR	-0.65%		+1.96%	+13.48%

01-20	CaixaBank BPI Upgrades Banco Sabadell to Buy, Lifts PT	MT
01-15	Spanish watchdog says concentration of banks not behind lower deposit returns	RE

Sabadell wins $425.1 million in UK lawsuit against Cerberus over property deal

December 04, 2024 at 09:43 am

LONDON (Reuters) - Sabadell on Wednesday won a London lawsuit against Cerberus Capital Management over a property deal, being awarded just over 405 million euros ($425.1 million) including interest.

Judge Andrew Baker said Sabadell was entitled to roughly 358.5 million euros, plus 47.4 million euros in interest, after hearing a trial at London's High Court earlier this year.

(Reporting by Sam Tobin; Editing by Sachin Ravikumar)

Latest news about Banco de Sabadell, S.A.

CaixaBank BPI Upgrades Banco Sabadell to Buy, Lifts PT	01-20	MT
Spanish watchdog says concentration of banks not behind lower deposit returns	01-15	RE
European banks' record takings fuel M&A talk as pressures on industry persist	01-13	RE
Fitch Upgrades Banco de Sabadell's Long-term Rating	01-13	MT
BBVA Lowers Minimum Acceptance Threshold for Banco Sabadell Takeover Offer	01-10	MT
BBVA lowers the minimum acceptance condition of the takeover bid for Sabadell	01-09	RE
BBVA Lowers Acceptance Threshold for Banco Sabadell Takeover Offer	01-09	DJ
The IBEX 35 opens with slight gains amid caution over Trump's comeback	01-03	RE
IBEX 35 loses sight of 11,500 points on the eve of the end of the year	12-30	RE
BBVA's Sabadell Takeover Cleared by Mexican Competition Watchdog	12-24	MT
Banco Bilbao Vizcaya Argentaria Gets Mexican Approval to Acquire Banco Sabadell Units	12-23	MT
BBVA Gets Green Light From Mexican Regulator to Take Over Sabadell's Local Subsidiaries	12-23	DJ
BBVA Gets Mexican Regulatory Approval to Acquire Banco Sabadell	12-23	MT
BBVA secures approval for acquisition of Sabadell's Mexican units	12-23	RE
BBVA obtains approval for acquisition of Sabadell's Mexican units	12-23	RE
Accenture: tripartite project in post-quantum cryptography	12-16	CF
Axactor ASA (OB:ACR) agreed to acquire 350 million Euros Non-Performing Debt Portfolio of Banco de Sabadell from Banco de Sabadell, S.A..	12-13	CI
IBEX 35 falls weighed down by Inditex and with eyes on US inflation	12-11	RE
Goldman Sachs to Issue Balbec Capital's $846 Million in Spanish Mortgage Bonds	12-09	MT
The CNMV will wait for the antitrust review before deciding on the BBVA-Sabadell transaction.	12-05	RE
Spain's CNMV will wait for antitrust review to decide on BBVA-Sabadell deal	12-05	RE
UK High Court of Justice Sides With Sabadell in Real Estate Lawsuit Against Cerberus	12-04	MT
Sabadell to receive $425 million after winning judgment against Cerberus in the UK	12-04	RE
Sabadell wins $425.1 million in UK lawsuit against Cerberus over property deal	12-04	RE
Sabadell selects Marc Armengol to replace Robin Bulloch as TSB CEO	11-29	RE

Banco de Sabadell, S.A. is one of the leading banking groups in Spain. The activity is organized mainy around three sectors: - commercial banking: sales of classical and specialized banking products and services (loans, factoring, leasing, etc.); - market and private banking: financial engineering, structured financing, capital market activities, etc.; - real estate management. At the end of 2022, the group managed EUR 160.3 billion in current deposits and EUR 152.3 billion in current credits. Products and services are marketed through a network of 1,420 branches located essentially in Spain (1,178).

Employees

18,897

Sector

Banks

Calendar

07/02/2025 - Q4 2024 Earnings Release

More about the company