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The second union of Banco Sabadell has formally requested the Ministry of Labor to halt BBVA's takeover bid (OPA) for Sabadell. This request follows the initiation of a market test by the National Commission on Markets and Competition (CNMC) to evaluate the impact of the proposed acquisition. The CNMC's test will involve feedback from business associations and unions, indicating a thorough examination before any approval is granted. BBVA's CEO has reiterated the advantages of the takeover, while the bank has extended its commitments to 2030 in an effort to address regulatory concerns and facilitate the acquisition process. The CNMC's assessment suggests that the decision on the takeover may be delayed until autumn 2025.
BBVA extiende hasta 2030 sus compromisos de la opa al Sabadell para convencer a la CNMC. El banco presidido por Carlos Torres ha ampliado esta semana los 'remedies' sugeridos y consensuados para comprar Sabadell. La CNMC ha iniciado otro test de mercado https://t.co/uldILHbMlK
La CNMC inicia otro test de mercado antes de aprobar la opa de BBVA al Sabadell. El organismo ha empezado a preguntar al mercado sobre nuevos compromisos aceptados por BBVA para salvaguardarla competencia. El test va a competidores y asociaciones https://t.co/5v7ssGS7fl
El CEO de BBVA insiste ante el mercado en las bondades de la OPA sobre Banco Sabadell https://t.co/w3x8bybijS
