The Defense of Sabadell Against the Opa Opens Again the Dance of Mergers Between the Middle Bank

The Numantine defense of Sabadell by the hostile opa of BBVA has opened a spate among the medium banks in Spain. Pressed by the need for the government to raise considerably the conditions of the opa, the Catalan entity begins to consider the possibility of undertaking a corporate operation in case the opa fails, with Abanca and Unicaja in the focus. The objective is to create a bank that looks from you to the greats of the Spanish market, Caixa…

The trade unions have addressed to the Ministry both the letter and an analysis prepared by the Autonomous University of Madrid that "confirm" what they are denouncing: that "the operation is not justified for reasons of efficiency or competitiveness" and, on the contrary, "would seriously harm the whole of society"