The government’s attempt to stop BBVA’s opa faces strong legal doubts

The possibility for the government to torpedo BBVA’s opa on Banco Sabadell faces strong legal doubts both in terms of form and substance, according to jurists and experts consulted by this newspaper. The operation is currently at a thorny point after the National Commission of Markets and Competition (CNMC) has given its approval with commitments agreed with the Basque entity and after which the so-called phase three is opened for the interventi…

Now those of BBVA want to take away branches, ATMs and banking workers, and reduce our chances of free choice of a financial institution. And to many compatriots it seems normal. Little happens to us A television ad from BBVA has crushed us for months with a scene in which a couple of people try to convince us with crowds of the advantages that this entity owns the Sabadell through a hostile OPA. Together we will be stronger, say its protagonist…

He wears a blaugrana tie and admits that he slept little last night after the Barça match. The disgust, however, does not succeed in turning off the satisfaction for the good work. Jaume Guardiola closes his last Annual Cercle d’Economy Meeting as president of this institution, and does so by commenting on the issue with more prominence this year, the hostile opa of BBVA about the Sabadell.Continue reading...

On April 17 of this same year, the BBVA OPA process on Banco Sabadell was still pending the resolution of the CNMC that was in Phase II. However, expert analysts in the operation pointed out in the second quarter of this 2025 as the key date for a resolution. In this regard, the CNMC has approved the operation under the latest commitments made by the bank BBVA. In terms of the timetable for the OPA, it is now the turn of the Minister of Economy,…

The Spanish economy is experiencing a real black smoke these days. Not only in the Vatican is the election of a new Pope kept with expectation, but also in national politics and finances a parallel conclave, plagued with uncertainties, tensions and, of course, turns worthy of comedy, as well illustrated by the gatherings in “La Brújula de la Economía”. The first great news: the United States Federal Reserve has decided to maintain interest rates…

"I do more than I say, but I do." With this cryptic statement the president of the Generalitat, Salvador Illa, has answered the question about what the Government is doing to try to stop BBVA's opa on the Banc Sabadell, one of the hottest folders that currently hovers over the ranking of priorities of Catalan politics. Inquired by this issue in the control session at the plenary session of the Parliament, Illa has assured that both the Exectiu a…