SANTANDER, Spain, June 18 (Reuters) – The head of Spain’s anti-trust watchdog, Cani Fernandez, said on Tuesday that the Spanish government could set additional conditions in its review of the 12.28-billion-euro ($13.16 billion) takeover bid launched by BBVA (BBVA.MC), opens new tab over its smaller rival Sabadell (SABE.MC), opens new tab .
The competition watchdog, which has already started to look into BBVA’s bid, could study the case under various scenarios, which could potentially prolong its analysis by several months.
Source: REUTER