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BBVA Could Walk Away From Sabadell Deal if Harsh Remedies Are Imposed, CEO Says
The lender said it is prepared to abandon the takeover bid for its rival if conditions imposed by Spain’s competition authority diminish the deal’s value.Business - The Wall Street Journal - November 13 -
BBVA bid for Sabadell dealt blow by antitrust watchdog
Spain’s CNMC will submit €11bn hostile takeover to a more rigorous ‘phase 2’ reviewWorld - Financial Times - November 12 -
BBVA Profit Beats Market Views on Mexico, Spain Growth
Banco Bilbao Vizcaya Argentaria’s third-quarter performance in Spain and Mexico, its key markets, drove its profit above market expectations.Business - The Wall Street Journal - October 31