Business Roundup for Spain and the UK « Euro Weekly News
[ad_1] BBVA asks Brussels THE BBVA bank, Spain’s second largest, asked the European Central Bank (ECB) to authorise its €12 billion hostile bid for Sabadell. Sabadell, headquartered in Barcelona and Alicante and Spain’s fourth largest bank, also owns the UK’s TSB. It rejected an all-share offer in May, instigating the present hostile bid as BBVA…