24-06-2025
Spain to Add Hurdles to BBVA's Sabadell Bid, Vanguardia Says
Spain's government is set to impose additional conditions on BBVA SA 's planned takeover of Banco Sabadell SA, Vanguardia reported, in a further setback for the €14 billion ($16 billion) deal more than a year after it was first proposed.
The measures will affect credit policies and consumer rights, among other things, the newspaper reported, citing unidentified people familiar with the matter. The conditions will also impact Sabadell's management continuity and employment, Vanguardia said.
