Comment on Spain's BBVA walks away from merger with Banco Sabadell after confirming tie-up less than two weeks ago

Spain's BBVA walks away from merger with Banco Sabadell after confirming tie-up less than two weeks ago

Discussions collapsed after the banks disagreed over the pricing of the deal. Wikimedia BBVA, Spain's second-largest bank, and smaller rival Banco Sabadell have walked away from a planned merger after a price disagreement.The two lenders had confirmed a tie-up less than two weeks ago.Sabadell had been looking to merge with another Spanish bank for months.

 

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