Bbva Appeals to the Supreme Government to Its Opa About Sabadell

El Pais

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The bank challenged the decision of the Council of Ministers three weeks before the High Court on 15 July.

abc

Lean Right

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BBVA takes the government to the Supreme Court to try to overthrow its intervention in the opa on Banco Sabadell , as El Español has advanced and has been able to confirm ABC in official sources of the entity. The Basque group had until September 24 to adopt this decision but on July 15 they have already chosen to go to the courts. The entity also notes that this does not interfere with the development of the opa itself, thus maintaining the exp…

Actualidad.es

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BBVA faces a complicated scenario following the imposition of conditions by the government in its opa by Sabadell. Read more Analysis of the legal situation of BBVA in the opa by Sabadell in News.es.

Merca2.es

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The financial institution BBVA has filed an appeal with the Supreme Court against the condition imposed by the Government to authorize the Public Offer of Acquisition (OPA) over the Sabadell Bank. The banking institution challenges the Executive’s demand to keep both banks separate for at least three years, a period that could be extended to five years. According to sources from the entity that confirmed the news to Europa Press, the appeal was …

Libre Mercado

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The executive sentenced the banking and private operation to death after tightening conditions.

3cat.cat

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The Ministry of Economy tightened the conditions of the takeover bid and established that Sabadell had to maintain autonomy for at least three years.