A Shareholder of BBVA Raises to the National High Court the Public Consultation of the Government for the Opa of BBVA on the Sabadell

The agenda of BBVA to the Banco de Sabadell closes one more stage and approaches its final resolution. The Ministry of Economy must decide this Tuesday whether or not to raise the operation to the Council of Ministers, so that this body expands or reduces the conditions imposed by the National Commission of Markets and Competition (CNMC). And it also works on a report that includes the conclusions of the public consultation launched at the begin…

The pressure in BBVA’s opa on Banco Sabadell is intensifying. Lawyer Ibor Fernandes, shareholder of BBVA and partner of Statera Legal, has filed a contentious administrative appeal with the National High Court for the public consultation that the Government launched before deciding whether to refer the operation to the Council of Ministers. In this regard, Fernándes has requested the adoption of a precautionary measure consisting in suspending t…

The Statera Legal office lodges a contentious administrative appeal against the measure for allegedly failing to comply with constitutional requirements

The European Commission sees no reason for the government to block or reject BBVA’s takeover bid on Banco Sabadell and will monitor that any decision it takes is in line with European standards. Read

Following the Ministry of Economy's announcement that the Council of Ministers will decide on BBVA's takeover bid for Banco Sabadell, the European Commission has issued a statement on the matter, adding that it sees "no reason" for Pedro Sánchez's administration to veto the takeover and thus block the initiative. "We see no reason that could justify rejecting or blocking the transaction. Our expectation, therefore, would be for the Spanish gover…

David Galán, General Stock Exchange equity manager, analyzes the shares of BBVA, Sabadell, Azkoyen, Tesla, Netflix, Elecnor or Fico