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The European Commission has sent Spain a legal warning over its move to block a banking merger between BBVA and Banco ...
Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...
The European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank ...
The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s ...
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GlobalData on MSNEuropean Commission challenges Spain’s BBVA-Sabadell merger blockAccording to the EC, Spain's actions contravene European Union rules, potentially impacting the region's banking ...
Banco Sabadell SA’s chief executive officer said an acquisition offer by BBVA SA remains too low, leaving little prospect for ...
Spain's BBVA expects the acceptance period for its takeover bid for smaller rival Sabadell to start in early September, ...
Warning comes as European Commission pushes for more bank mergers to boost European financial sector’s fire power.
Brussels there is Spain for the rules that allowed the Government to hinder the BBVA-Sabadell fusion
Hit on the government’s argument line to make obstacles to the merger of the BBVA and Banco Sabadell. The European Commission ...
The European Union has initiated legal proceedings against Spain over its intervention in banking mergers, specifically targeting the government’s decision to block the merger between BBVA (BME:BBVA) ...
The Spanish multinational financial company Banco Bilbao Vizcaya Argentaria SA (BBVA SA) has upheld the takeover offer of Banco Sabadell SA despite the decision of the Spanish government to suspend ...
MADRID (Reuters) -Spain's BBVA could cut up to 2,500 jobs after the acquisition and a subsequent integration of smaller rival Sabadell, newspaper Expansion reported on Wednesday. The preliminary ...
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