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Spanish banking battle has become completely unpredictable after plot twist

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

fd.nl

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