Spanish banking battle has become completely unpredictable after plot twist

- Spanish bank BBVA wants to take over its smaller peer Banco Sabadell.
- Together they would form the fourth largest bank in Europe in terms of market capitalization.
- But what seemed like a straightforward takeover has turned into a complicated banking battle in recent weeks.
In recent weeks, Spain has suddenly become the scene of a complicated takeover battle. BBVA wants to acquire Banco Sabadell, but it is resisting.
fd.nl