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News 2026-10-06 05:36 UTC

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 Sabad