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Credit Agricole Sa: Crédit Agricole S.A. completes the acquisition of Santander's 30.5% stake in CACEIS and now brings its ownership to 100%
GlobeNewswire News Room· 2025-07-04 15:45
Press Release Montrouge, 4 July 2025 Crédit Agricole S.A. completes the acquisition of Santander’s 30.5% stake in CACEIS and now brings its ownership to 100% Following the agreement announced on December 19th, 2024, and after receiving all required authorizations, Crédit Agricole S.A. announces today having completed the acquisition of Santander’s 30.5% stake in CACEIS, its asset servicing subsidiary. Credit Agricole S.A. now controls 100% of the share capital of CACEIS. With this operation, Crédit Agricol ...
Credit Agricole Sa: Crédit Agricole S.A. completes the acquisition of Santander’s 30.5% stake in CACEIS and now brings its ownership to 100%
Globenewswire· 2025-07-04 15:45
Group 1 - Crédit Agricole S.A. has completed the acquisition of Santander's 30.5% stake in CACEIS, bringing its ownership to 100% [1] - This acquisition strengthens Crédit Agricole's position in CACEIS, a significant player in the European asset servicing market, and supports the group's strategic development in this business [2] - The transaction aligns with Crédit Agricole Group's investment return targets but will negatively impact the fully-loaded CET1 ratio by approximately 30 basis points [3]