Carlos Torres, CEO of Banco Sabadell, expressed confidence in the success of the bank's takeover bid (OPA) amidst opposition from the Valencian Competition Authority. The authority has raised concerns that the OPA from BBVA could harm small and medium enterprises (pymes) and consumers, arguing it would exacerbate the existing oligopolistic structure in the banking sector. Additionally, the Spanish National Commission on Markets and Competition (CNMC) has identified potential risks to competition related to Bondalti's takeover bid for Ercros, indicating a thorough analysis is underway as they enter the second phase of their review.