Sabadell

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Sabadell

(säbəthĕl`lyə), city (1990 pop. 192,142), Barcelona prov., NE Spain, in Catalonia. Since medieval times, it has been a leading textile center. Chemicals, engines, electrical equipment, and fertilizers are also made.

The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Sabadell

a city in Spain, in Catalonia, in Barcelona Province. Population, 159,400 (1970). Sabadell is an industrial satellite city of Barcelona, with a developed textile industry. It has textile machine building and instrument-making and chemical industries.

Sabadell

a town in NE Spain, near Barcelona: textile manufacturing. Pop.: 191 057 (2003 est.)

Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005

References in periodicals archive ?

With completion of the acquisition, Sabadell United will be merged with and into Iberiabank.

Iberiabank Closes USD 1.025bn Acquisition of Miami's Sabadell United Bank

Iberiabank Corporation (NASDAQ: IBKC), the holding company of Iberiabank, has said that it has completed the acquisition of Sabadell United Bank, N.A.

Iberiabank completes acquisition of Sabadell United Bank

TSB was spun out from Lloyds Banking Group three years ago and then taken over by Spanish rival Banco de Sabadell last March.

TSB: No Sabadell concerns over Brexit

Lloyds is selling its remaining stake to Sabadell in a deal which needs the approval of UK regulator the Prudential Regulatory Authority along with the European Commission and shareholders.

Sabadell to take over TSB

Sabadell signalled the possibility of further growth, saying: "The challenger bank market is relatively unconsolidated in the UK and Sabadell believes that this will create opportunities to further develop TSB's market position over time."

TSB challenging 'big four' banks; BANKING

Sabadell. signalled the possibility of further growth, saying: "e challenger bank market is relatively unconsolidated in the UK and Sabadell believes that this will create opportunities to further develop TSB's market position over time."

PS1.7bn takeover deal will give TSB added firepower

Lloyds, which has agreed to sell its 50% stake in TSB to Sabadell, has pledged to pay the 5% bonus it promised to reward shareholders who kept their original shares for a year.

SMASHING DEAL AT TSB

The downgrade of Banco Sabadell's ratings takes into account (1) the

Moody's downgrades Banco Sabadell to Ba2 from Ba1

Along with the branches, situated in Catalonia and Aragon, Banco Sabadell will also purchase assets worth EUR 22 billion (USD 28bn) and will add 900,000 customers and 2,000 employees.

Sabadell to double branch network in Catalonia - report

As part of the sale, the Spanish Deposit Guarantee Fund (DGF) and the FROB granted three support measures to the banking business bought by Banco Sabadell: a guarantee on losses stemming from a 24.6 billion loan portfolio; a capital injection of 2.4 billion, on top of the 2.8 billion rescue recapitalisation already received by Banco CAM from FROB; and a contingent grant of up to 0.7 billion, which would be triggered only if, after the acquisition by Banco Sabadell, Banco CAM could no longer benefit from the accumulated deferred tax assets as of 31 December 2011.

BANKING : GREEN LIGHT FOR AID FOR SALE OF SPAIN'S BANCO CAM

'We're not contemplating any operation, especially not with CAM,' Oliu said, adding that Sabadell was not looking to assume more real-estate risks other than what it already has.

-Sabadell not eyeing CAM or other cajas

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