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PWC predicts M&A to pick up in Spanish financial services market

map of spain

The rescue of CajaSur is likely to spark a wave of mergers in the Spanish financial services market as the Spanish Government pushes forward with its plans to merge those institutions to strengthen the market.

That is the view of Patrick Atkinson, partner at PricewaterhouseCoopers in Spain, who added: "This could result in a number of attractive assets (including branch networks) coming on to the market

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