El Sabadell proposes that Competition force BBVA to sell part of the joint business if the opa succeeds

El Pais

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Ownership

In the coming weeks, Banco Sabadell faces a key moment in the hostile opa launched by BBVA. It will be when the National Commission on Markets and Competition (CNMC) gives an account of the conditions and commitments it imposes in order to give the green light to the transaction, having taken its analysis to a second phase before the end of the year. Both Sabadell and BBVA already have their first conclusions, reflected in the so-called fact she…

Expansión

Factuality

Ownership

The CEO of Sabadell, César González-Bueno, foresees the hostile opa launched by BBVA on his bank will reach stage 3 of Competition, in which the government can reduce conditions, harden them or leave them as they are. Read

informacion.es

Factuality

Ownership

The Sabadell Bank faces the final straight line of the game in which its solo survival is played. Aware of this, its CEO, César González-Bueno (Madrid, 1960), urges the National Commission of Markets and Competition (CNMC) to change the methodology with which it analyzes the offer of purchase (OPA) launched by BBVA and is confident that between the agency and the government will set conditions for the operation that can lead its rival to desist.…