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BBVA announced on May 27, 2025, that it received notification that the Spanish Minister of Economy, Trade and Business has referred the approval of the National Commission on Markets and Competition (CNMC) for the economic concentration resulting from BBVA's voluntary tender offer for Banco Sabadell to the Council of Ministers. The Council of Ministers has a period of one month to issue its decision.
| Date | 27 May 2025 |
| Time | 18:20:28 |
| Category | Miscellaneous |
| ID | 3032K |
Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA"), in compliance with the Securities Market legislation and further to the communication of other relevant information dated April 30, 2025 (with registration number 34482), hereby communicates the following:
OTHER RELEVANT INFORMATION
In relation to the voluntary tender offer launched by BBVA for the entire share capital of Banco de Sabadell, S.A. ("Banco Sabadell") (the "Offer"), for which the prior announcement was published as inside information on May 9, 2024 (with registration number 2241) and the request for authorisation was submitted to the Spanish Securities Market Commission (CNMV) on May 24, 2024, BBVA informs that, as of today, it has received the notification of the decision of the Spanish Minister of Economy, Trade and Business to refer to the Council of Ministers the approval of the National Commission on Markets and Competition (CNMC) of the economic concentration resulting from the Offer.
In accordance with Article 36 of the Competition Defense Law, the Council of Ministers will have a period of one month to issue its decision in accordance with the aforementioned Law.
Madrid, May 27, 2025