BBVA remedies in takeover bid are insufficient, Sabadell's CEO says
1. Sabadell's CEO criticized BBVA's remedies for competition concerns in its takeover bid.
1. Sabadell's CEO criticized BBVA's remedies for competition concerns in its takeover bid.
Sabadell's concerns may hinder BBVA's takeover progress, negatively affecting investor sentiment.
The criticism from a competitor affects perceived viability of BBVA's acquisition strategy.
Immediate issues over the takeover could impact BBVA's stock price quickly.