

BarcelonaIt went more or less like this. Pedro Sánchez Schrödinger has taken BBVA's live takeover bid for Sabadell and locked it in an opaque steel box, with a Geiger counter and a few imposed conditions for radioactive absorption. From there, according to the precepts of quantum economics, the takeover bid is both alive and dead at the same time, and its true status will not be known until the box is opened and its corpse is observed. But the newspapers are not neutral in this experiment and make their bets clear, influenced on the one hand by their relationship with Pedro Sánchez Schrödinger and also, of course, by the ties they have with the banks involved. Once again, the Spanish prime minister is taking advantage of the uncertainty principle to do and not do, to prohibit without prohibiting and to derail without derailing. In other words, to please his government partners, but let's not get carried away, as Salvador Illa would say. Poland.
This explains, for example, that while some newspapers say that the government "complicates", "hardens" or "freezes" the operation, others choose much more bellicose words like "sabotages" (Abc) and "boycott" (The World). The reason, with strong ties to Banc Sabadell, is more of a dodger. And, in fact, it is the most daring when it comes to announcing the demise of the acquisition: "BBVA is already planning to withdraw." There is a degree of willful thinking, because its first cousinsThe World They see the cat alive and well: "BBVA seeks margin to save takeover bid despite government boycott." This financial feline not only has the strange property of being both alive and dead at the same time, depending on which cover you look at, but it also has another peculiarity: no one dares to bell it. Not the CNMC, not the government, and certainly not the media.