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"Sabadell Is Not a Fundamental and Irreplaceable Operator" Concludes CNMC in Analysis of BBVA's Takeover Bid
2 Articles
2 Articles
The impact on the financial conditions of SMEs has been one of the main arguments used by Banco Sabadell to defend its position against the hostile attack launched by BBVA. A claim that thirteen months later they maintain among the compelling reasons to express their rejection of the potential union despite the fact that the National Commission of Markets and Competition (CNMC) considers its proposal to be less "exigious" than that of the said B…
"Sabadell is not a fundamental and irreplaceable operator" concludes CNMC in analysis of BBVA's takeover bid
The Corner Link Securities | The National Markets and Competition Commission (CNMC) concluded in its April report on BBVA’s (BBVA) takeover bid that Banco Sabadell (SAB) “is not a fundamental and irreplaceable operator” in the world of SMEs, and that it is losing market share in this business, according to Expansión and the Efe news agency on Friday. For more than eleven months, the CNMC analysed the impact that the acquisition of...
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