How Devon Energy missed out on the US oil and gas mega-deal wave
U.S. oil and gas producer Devon Energy (DVN.N), has lost bids to acquire at least three of its peers in the last 12 months because its shares were spurned as acquisition currency, according to people familiar with the negotiations. Devon missed out on the sector’s dealmaking boom by losing to ConocoPhillips (COP.N), the $22 billion deal to acquire Marathon Oil (MRO.N), […]
Spain’s BBVA plans to roll out digital bank in Germany
Spain’s second largest bank BBVA (BBVA.MC), opens new tab is planning to extend its digital banking services to Germany as it seeks to boost customer numbers and mirror its success in Italy, the bank’s country manager in Spain said on Wednesday. BBVA, which recently submitted a hostile 12.28 billion euro ($13.20 billion) takeover offer for Sabadell (SABE.MC), opens new tab, […]