据Andrés González和Claudia Cohen报道，法国贷款机构BPCE收购了西班牙银行Banco Sabadell SA约7%的股份，旨在深化双方的业务关系。
By Andrés González and Claudia Cohen French lender BPCE acquired a stake of about 7% in the Spanish bank Banco Sabadell SA as the two companies aim to deepen their business relationship.
两家公司在周二的联合声明中表示，该投资属于“友好性质”，目标是“探索战略合作，将BPCE的能力提供给Sabadell的客户”。
The investment is of a “friendly nature” and the goal is to “explore strategic cooperation to make BPCE’s capabilities available to Sabadell’s clients,” the two firms said in a joint statement Tuesday.
BPCE将在Sabadell拥有董事会席位，并承诺将持股比例维持在10%以下。
BPCE will have board representation at Sabadell and it pledged to keep the stake below 10%.
按周一收盘价计算，Sabadell 7%的股份价值约为11.9亿欧元（约13亿美元）。
A 7% holding of Sabadell was valued at about €1.19 billion ($1.3 billion) at Monday’s close.
这是BPCE首席执行官Nicolas Namias自近四年前掌舵以来，为拓展海外业务采取的又一举措。
It’s the next move by BPCE Chief Executive Officer Nicolas Namias to expand business abroad since assuming the helm almost four years ago.
他今年早些时候完成了对葡萄牙银行Novo Banco的收购。
He completed the acquisition of Portuguese bank Novo Banco earlier this year.
Namias此前试图将BPCE旗下资产管理公司Natixis Investment Managers与忠意保险的基金业务合并，但因意大利政府反对而在去年搁浅。
An effort by Namias to merge BPCE’s asset manager Natixis Investment Managers with Generali’s fund operations foundered last year on opposition from the Italian government.
对Sabadell而言，BPCE的投资意味着其获得了另一家看重其分销能力的大股东。其投资者还包括苏黎世保险集团。
For Sabadell, the BPCE investment means it’s getting another large shareholder interested in its distribution capabilities. It also counts Zurich Insurance Group AG among its investors.
去年，Sabadell成功抵御了国内竞争对手BBVA SA的恶意收购要约。苏黎世保险对该银行独立性的支持在防御中发挥了重要作用。
Sabadell last year successfully fended off a hostile takeover bid from domestic rival BBVA SA. The support from Zurich for the lender’s independence proved important in the defense.
双方在声明中表示，BPCE和Sabadell将“探索业务合作机会，特别是在企业与投资银行、设备租赁、消费信贷以及跨境客户业务方面”。预计这些磋商将于明年初结束。
BPCE and Sabadell will “explore business cooperation opportunities, in particular in corporate and investment banking, equipment leasing, consumer credit, and cross-border clients business,” they said in the statement. These discussions are expected to be concluded early next year.
收购Novo Banco是过去十年欧元区最大的跨境银行交易之一，也是BPCE自2009年成立以来最重要的海外扩张举措。
The acquisition of Novo Banco was one of the largest cross-border banking deals in the eurozone in the past decade, and the most significant move abroad for BPCE since the group’s creation in 2009.
欧洲银行业整合受到监管碎片化和政治阻力的制约，尽管强劲的资本缓冲正帮助银行推进交易。
European banking consolidation is constrained by regulatory fragmentation and political resistance, although strong capital buffers are helping banks pursue deals.