BPCE takes minority stake in Banco Sabadell, caps holding at 9.9%

BPCE has taken a minority stake in Banco Sabadell, becoming a strategic shareholder. The French bank does not plan to raise its holding above 9.9%. Talks have opened on strategic cooperation, with discussions expected to conclude in early 2027. BPCE will seek regulatory clearances tied to appointing a director to Sabadell’s board.