Investing.com -- Spain’s Ministry of Economy, Commerce and Business said late Tuesday that it will conduct an additional review of Banco Bilbao (NYSE: BBVA ) Vizcaya Argentaria’s (BBVA (BME: BBVA )) hostile takeover bid for Banco de Sabadell.

This move is set to prolong the year-long takeover battle between the two banks.

The Ministry stated that the offer would be referred to the cabinet on grounds of general interest, beyond just competition issues.

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