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Will BBVA complete the Banco Sabadell takeover in Mexico by June 30, 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from BBVA or Banco Sabadell, financial news outlets
Story
BBVA Receives Cofece Approval for Banco Sabadell Takeover on December 23, 2024
Dec 23, 2024, 02:00 PM
BBVA has received authorization from Mexico's antitrust commission, the Comisión Federal de Competencia Económica (Cofece), for its proposed takeover of Banco Sabadell. This approval allows BBVA to gain indirect control over Sabadell's stakes in various units within Mexico. The announcement was made on December 23, 2024, confirming that BBVA has met the necessary requirements for the acquisition.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Acquisition completed • 25%
Acquisition blocked by CNMC • 25%
Acquisition blocked by CNMV • 25%
Acquisition abandoned by BBVA • 25%
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Significantly strengthened • 25%
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Weakened • 25%
Stock price increases by more than 10% • 25%
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Stock price fluctuates but ends stable • 25%
