BBVA Has Appealed Spain’s Ban on Integrating Sabadell After Deal

EFE

Center

Factuality

Ownership

BBVA has appealed to the Supreme Court the condition imposed by the Government that it will have to independently maintain Banco Sabadell.

Eldiario.es

Lean Left

Factuality

Ownership

The entity states that the resource "does not interfere" in the offer of purchase that it has launched by its competitor, with which it will not be able to integrate for a period of three years, which can be extended to fiveBBVA continues with the OPA to Banco Sabadell despite the sale of the British business and the macrodividend BBVA has appealed to the Supreme Court the decision of the Council of Ministers to prevent its merger with Banco Sab…

El Pais

Lean Left

Factuality

Ownership

The possible legal battle between BBVA and the government over the opa to Sabadell Bank has been planning since, even before the executive authorized the operation under the fulfilment of a series of commitments that have led the Basque entity to weigh whether it was worth continuing with the transaction. Finally, the response has been (on two occasions) yes, although it has not yet decided whether it will appeal these harsh conditions to the Su…

naiz:

Factuality

Ownership

Faced with the condition imposed by the Spanish government that it will have to independently maintain the Sabadell Bank if it pros...

Business Insider (Spain)

Factuality

Ownership

BBVA's letter was registered on 15 July, two days before Brussels opened an infringement case against Spain over the restrictions on the merger with Sabadell.