US EditionSpain Extends Review of BBVA’s Hostile Takeover Bid for Sabadell
13 Articles
13 Articles
The political voices against BBVA’s opa about Banco Sabadell are still on the rise. Catalonia’s Parliament has been the last to take the floor with a motion that seeks to express the rejection of the hostile offer of the former by the latter and with which they have appealed to the central government to prevent the operation based on reasons of general interest. The initiative has been promoted by ERC and has had the support of much of the parli…
Spain is one step closer to knowing whether BBVA’s hostile opa on Sabadell can or cannot follow its course, after the Minister of Economy, Carlos Córdoba, decided to raise the operation to the Council of Ministers and thus opened the door for the government to stop it for reasons of general interest. Economy’s decision, taken on the last day of the deadline, dilates an operation that already lasts too long, since it started a little more than a …
Pedro Sánchez, "between a rock and a hard place" in BBVA's takeover bid for Banco Sabadell
The Corner Alphavalue/DIVACONS | “An unwanted headache for Prime Minister Pedro Sánchez”. This is how Bloomberg describes the government’s attempts to stop BBVA’s takeover bid for Banco Sabadell. According to the US media outlet, opposing the takeover “seemed like an obvious decision” when it was announced a year ago. However, Bloomberg quotes sources close to Sánchez as saying that the president “is caught between a rock and a hard place, looki…
MADRID, 5 (EUROPA PRESS) The Minister of Economy, Commerce and Enterprise, Carlos Córdoba, has pointed out that the government is carrying out a "detailed analysis" of BBVA's takeover bid on Banco Sabadell, which is currently on the table of the Council of Ministers. "We are doing a detailed, detailed analysis, with all the guarantees, on [...] The entry Body notes that the government is doing a "detailed analysis" of BBVA's OPA first appears in…
The number two of the European Central Bank (ECB), Vice-President Luis de Guindos, took advantage of the meeting of the twenty-six political leaders in Frankfurt this Thursday to pronounce on the takeover bid (OPA) of BBVA al Sabadell. “We should wait until we have a definitive opinion of the Spanish government” Guindos said at the press conference following the type decision. “On the contrary, we could be speculating, but I don’t think it makes…
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