Link Securities | Zurich insurance company has just exceeded 4% shareholding in Banco Sabadell (SAB), according to information included yesterday in the register of the National Securities Market Commission (CNMV), according to the newspaper Expansión.
The Swiss firm controls 4.03% of the Spanish bank, up from the previous 3.96%. Zurich Insurance Group has been making daily purchases on trading days since 21 February. With these acquisitions, it has increased its stake in Sabadell’s capital by 0.63%, from 3.4% to the current 4.03%.
