Announced

Crédit Agricole to acquire the remaining 30.5% stake in CACEIS from Santander.

Synopsis

Crédit Agricole, a banking group, agreed to acquire the remaining 30.5% stake in CACEIS, an asset servicing bank, from Santander, a financial services provider. Financial terms were not disclosed. This strategic move underscores Crédit Agricole's commitment to strengthening CACEIS's position as a leading European asset servicing provider.

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