Wednesday, April 27, 2016

BCP denies merger with Sabadell – TVI24

The BCP denies “categorically” that has brought an Iberian scope of merger with Sabadell, as reports the El Confidencial Wednesday.

“the news has no foundation, there was no contact. it’s not true.” said source of BCP to TVI24.

El Confidencial forward today in its online edition that the BCP has proposed to the Bank Sabadell a fusion of Iberian reach and says the news was her advanced by industry sources, knowledgeable of the relationship between the two entities.

Note that the Catalan bank has 5.07% of BCP.

the BCP actions follow today losing 2.35% to 0.037 euros, a normal correction movement.

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