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BBVA to Maintain Bid for Sabadell Despite Regulatory Setback
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BBVA to Maintain Bid for Sabadell Despite Regulatory Setback
Jun 30, 2025 10:19 AM

12:50 PM EDT, 06/30/2025 (MT Newswires) -- Banco Bilbao Vizcaya Argentaria ( BBVA ) said Monday it will move forward with its acquisition of Banco Sabadell despite the Spanish government's recent decision to delay the merger for several years.

"The project creates significant value for the shareholders of both entities and represents a unique opportunity to build one of the most competitive and innovative banks in Europe," BBVA said in a statement.

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