US EditionSabadell considers merging with Abanca as alternative to BBVA takeover bid, merger backed by government, approved by ECB
3 Articles
3 Articles
The party has long been played with a homemade referee and without VAR: the government in full
The appeal that Banco Sabadell finds what is called a 'white knight' in order to be able to save himself from BBVA's opa is something that he has pulled since the beginning of the operation. He would go on to find some other entity with which to merge that would cause the Basques to fall. Unicaja and Abanca are the two groups with which he has been most associated with the Catalans but if so far that option was a point of light in the darkness, …
Sabadell considers merging with Abanca as alternative to BBVA takeover bid, merger backed by government, approved by ECB
The Corner Alphavalue / Divacons | The Catalan financial institution is in preliminary talks with Abanca as an alternative to the takeover bid launched by BBVA, in a deal that would have the approval of the ECB, according to Expansión. Although Abanca denies any interest, the merger would allow the Galician bank to make a leap in size, reaching €281 billion in combined assets, behind only Caixabank, Santander and BBVA. The government...
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