BBVA challenged Madrid's conditions on proposed Sabadell deal in court
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 14 2025
0mins
Source: Reuters
BBVA's Appeal Against Government Conditions: BBVA has filed an appeal with Spain's Supreme Court against government-imposed conditions on its €15 billion takeover of Sabadell, which delays a full merger by at least three years due to job concerns.
European Commission's Infringement Procedure: The European Commission has initiated an infringement procedure against the Spanish government regarding these merger conditions, arguing they may interfere with the powers of the European Central Bank and national supervisors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
