BBVA proposes new measures to competition watchdog to clinch green light for Sabadell bid
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BBVA has proposed new measures to the antitrust regulator CNMC to gain approval for its hostile takeover of Banco Sabadell.
November 20, 2024 | 7:00 pm
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BBVA is taking steps to gain regulatory approval for its hostile takeover of Banco Sabadell by proposing new measures to the CNMC.
BBVA's proposal of new measures to the CNMC indicates a proactive approach to securing approval for its takeover bid. This could positively impact BBVA's stock as it shows commitment to the acquisition, which may be seen as a strategic move to expand its market presence.
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