Spain's market supervisor will wait for government to decide on BBVA-Sabadell deal
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Spain's stock market supervisor CNMV will wait for the government's decision and the competition watchdog's review of BBVA's hostile bid for Sabadell before deciding on the potential authorisation of the takeover prospectus.
February 26, 2025 | 12:00 pm
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BBVA's hostile bid for Sabadell is under review by Spain's government and competition watchdog. CNMV will decide on the takeover prospectus after these reviews.
The news indicates that BBVA's bid for Sabadell is pending regulatory review, which is a critical step in the merger process. The outcome of these reviews will significantly impact BBVA's strategic plans, but the immediate stock price impact is neutral until further decisions are made.
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