The reasons for "general interest" in the BBVA OPA consultation

The BBVA OPA on the Bank of Sabadell follows its haphazard process following the report of the Commission on Markets and Competition (CNMC) positive but conditional on the fulfilment of certain commitments, which has determined that the Minister of Economy, at the request of the President the Government, has raised a "consultation", whose processing ends on 16 May.The appeal has been brought to attention before the Council of Ministers can decid…

The president of the National Commission of Markets and Competition (CNMC), Cani Fernández, has defended the role of the regulator in the analysis of BBVA’s OPA on the Sabadell Bank. She does so after the government has opened a seven-day public consultation open to any person or entity to provide their opinion on the corporate operation between the two banks. According to Fernández before the Congressional Economics Commission, the fact that so…