Sabadell rises after France's BPCE buys stake

Banco de Sabadell

06/10/2026 08:04

** Shares in Banco Sabadell SABE.MC rise around 3% after it announced that French banking group BPCE has acquired a stake of around 7% in the Spanish bank
** BPCE plans to become a long-term shareholder, the two lenders said
** The banks underlined the "friendly nature" of BPCE's investment and said the French lender does not intend to exceed 9.9%
** Stock among top movers on pan-European STOXX 600 .STOXX index


($1 = 0.8923 euros)

 (Reporting by Javi West Larrañaga)
 ((javier.west@thomsonreuters.com; +34 918 35 61 12))