M&AFinancial ServicesSIGNED
France’s BPCE buys ‘friendly’ stake in Spain’s Sabadell
Acquirer
Groupe BPCE
Target
Banco Sabadell
Groupe BPCE of France has acquired a 7% stake in Spain's Banco Sabadell. This 'friendly' acquisition strengthens the Spanish bank, following a failed hostile approach from BBVA last year.
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