The future distribution of power complicates the merger of BBVA and Sabadell

El Pais

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Media Conglomerate: PRISA

The future distribution of power complicates the merger of BBVA and Sabadell

The speed with which BBVA's second attempt to merge with Banco Sabadell crystallized into a formal proposal has given way to a cooling induced from Barcelona. “We haven't decided yet if we want to negotiate,” sources close to the Catalan entity commented this Friday. After two days of vertigo, the bank wants to take its time and gather all the relevant information before its board decides whether to pick up the glove. So far, he has already hire…