BBVA Al Sabadell Opa Exhausts the Margin for More Bank Mergers in Catalonia
3 Articles
3 Articles
The International Monetary Fund (IMF) believes that the competition concerns raised by the potential merger between BBVA and the Sabadell Bank "could be mitigated by the structural and behavioural solutions proposed by the competition authority."
MADRID, 6 (EUROPA PRESS) The International Monetary Fund (IMF) considers that the competition concerns raised by the potential merger between BBVA and Sabadell "could be mitigated by the structural and behavioural solutions proposed by the competition authority."The IMF technical staff report, prepared by the technicians of the IMF, [...] The entry The IMF believes that the competition effects of BBVA's OPA would be mitigated by CNMC measures ap…
BBVA's opa on Banc Sabadell may not be the latest banking integration in Spain, but it will leave the Catalan market so concentrated that new operations will hardly be possible in the coming years. Only the time and the recomposition of the different competitors will allow it.Continue reading...
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