Spain to approve BBVA bid for Sabadell, Bloomberg reports

TipRanks

Thu, May 1, 2025, 8:20 AM

Spain’s antitrust agency approved with conditions BBVA‘s (BBVA) bid to acquire Banco Sabadell, Jorge Zuloaga of Bloomberg reports, citing a person familiar with the matter. The approval is set to be officially announced as early as today, the person said. The terms are expected to be feasible for BBVA, the source added.

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