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Spanish Banking Heavyweights BBVA and Sabadell in Ambitious Merger Talks

In a bold move that could reshape the European banking landscape, Spanish banking powerhouse BBVA (Banco Bilbao Vizcaya Argentaria) has announced its intention to acquire its domestic rival Banco Sabadell through a strategic merger proposal. This audacious bid, unveiled on Wednesday, aims to create one......

European Commission Greenlights Orange-MasMovil Union in Spanish Telecom Sector

After a year and a half of anticipation, the European Commission has granted approval for the merger of Spain's second and fourth largest telecom operators, Orange and MasMovil. However, this approval was contingent upon concessions made by the companies, including the transfer of spectrum to competitor......

Veolia Faces $10 Million Fine from Competition Council for Breach of Competition Laws

Veolia Environnement, a prominent French utility company renowned for its expertise in water and waste management, is currently grappling with a significant fine of $10 million (100 million dirhams) imposed by the Competition Council. This body, an integral part of the Moroccan Competition Authority,......