Following confusion surrounding BBVA-Sabadell case, CNMV president opens door to review of Takeover Bids Law
Alphavalue/Divacons | The president of the Spanish National Securities Market Commission (CNMV), Carlos San Basilio, has opened the door to supporting a review of the Royal Decree on the takeover bid regime, popularly known as the Takeover Bid Law, following the confusion and difficulties highlighted by the BBVA (BBVA) and Banco Sabadell (SAB) case. San Basilio pointed out that, although the Royal Decree has been useful, ‘perhaps, like any text,…









