Link Securities | The National Markets and Competition Commission (CNMC) expects to approve next Monday, 28 April, its opinion on the takeover bid launched by BBVA for Banco Sabadell (SAB), according to sources close to the process, the Efe news agency reported.
The work of the CNMC has been well advanced for weeks and now the result of the market test initiated at the beginning of the month to approve the operation with the commitments acquired by BBVA and recently improved is known. The CNMC declined to comment on the matter, but the sources consulted told Efe that next Monday the Competition Chamber, in charge of approving the opinion, is expected to meet, which takes into account the commitments acquired by BBVA and recently improved.
