Sabadell Board Considers Relocating HQ Back to Catalonia

Reported about 11 hours ago

Banco Sabadell's board is set to discuss moving its headquarters back to Catalonia, citing the bank's significance to the regional economy amidst a backdrop of previous uncertainty due to Catalonia's independence bid in 2017. The decision comes as a response to hostile takeover attempts by BBVA, with some analysts seeing the maneuver as part of a broader political strategy. If successful, Sabadell would be the first major company to return to Catalonia since many fled following the independence crisis.

Source: YAHOO

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