Spain's market supervisor authorises bank BBVA's higher offer for Sabadell

Group 1 - The Spanish stock market supervisor has authorized BBVA's improved bid for Sabadell, which amounts to 17 billion euros (approximately $20 billion) [1] - The bid for Sabadell was announced on Monday, indicating a strategic move by BBVA to strengthen its position in the banking sector [1] - This acquisition reflects ongoing consolidation trends within the banking industry in Spain [1]