BBVA to Acquire Laredo National Bancshares for $850 Million
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Spain's BBVA has reached an agreement to acquire privately held Texan bank Laredo National Bancshares (LNB) for $850 million as part of the Spanish financial group's expansion into the United States, BBVA said ...
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Bank of America Corp said on Friday it agreed to acquire Countrywide Financial Corp, the largest U.S. mortgage lender, in a $4 billion transaction that could help avert one of the biggest collapses in the U.S. housing crisis.
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Similar deals are expected to follow  Bank of America Corp's  agreement on Friday to acquire  battered mortgage lender Countrywide Financial Corp  for  a knock-down price of $4 billion in stock.
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Less than a week after acquiring a dual stake in China's Citic Group, comprising five percent of China Citic Bank and 15 percent of its Hong Kong unit, Citic International Financial Holdings, Spain's BBVA has said it plans a three billion euro capital hike.
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Private equity firm Veritas said on Sunday it agreed to acquired DynCorp International LLC, which provides aviation maintenance, personal security and training for law enforcement agencies and the US government, for $850 million.
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Texas power company TXU Corp.  has agreed to be acquired by private equity firms Kohlberg Kravis Roberts & Co.  and Texas Pacific Group  for about $32 billion in the largest leverage buyout in history, Bloomberg News reported on Monday.
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Bank of America Corp said on Friday it agreed to acquire battered mortgage lender Countrywide Financial Corp in a $4 billion transaction that could help avert one of the biggest collapses from the U.S. housing crisis.
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The second largest bank in Spain is buying Laredo National Bancshares Inc. for $850 million, according to published reports. Banco Bilbao Vizcaya Argentaria SA will acquire the parent company of Laredo National Bank for $850 million.
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Banco Bilbao Vizcaya Argentaria, the No.2 Spanish bank, agreed Tuesday to buy Laredo National Bancshares for $850 million to gain more customers in the US Southwest.
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MADRID/NEW YORK  - Banco Bilbao Vizcaya Argentaria SA , Spain's second-largest bank, agreed to buy Compass Bancshares Inc.  for $9.6 billion, realizing a long-held goal of gaining a solid foothold in fast-growing southern U.S. states.
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Accredited Home Lenders Holding Co.  , a struggling subprime mortgage lender, has agreed to  be acquired by private equity firm Lone Star for $400 million,  the companies said on Monday.
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Bank of America Corp.  Chief Executive Kenneth Lewis pledged on Thursday to complete the $21 billion acquisition of all of LaSalle Bank from ABN AMRO Holding NV  early in the fourth quarter.
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Santander, Spain - Shareholders of Spain&#39;s largest bank, Banco Santander Central, on Thursday approved the Â£8,5-billion takeover of British mortgage bank Abbey National.
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LONDON (CBS.MW) -- Spanish bank BBVA (BBV) on Tuesday said it has agreed to buy privately-held Laredo National Bancshares of Texas for $850 million.
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Bank of America has agreed to buy troubled Countrywide Financial Corp. for $4 billion, rescuing the nation's largest mortgage lender from possible bankruptcy and adding to a financial industry shakeout that has rattled global markets.
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Spain's second-biggest bank Banco Bilbao Vizcaya Argentaria (BBVA) on Monday announced it was setting up a private equity fund for US-based Latinos.
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BBVA  took a fresh step toward its long-held ambition to grow in the United States on Friday when it said it had agreed to buy U.S. bank Compass Bancshares Inc  for $9.6 billion.