By Cristina RocaShares in Banco BPM SpA jumped Friday after its much larger French peer Credit Agricole SA said it bought a 9.2% stake in the Italian bank. At 0728 GMT, shares in Banco BPM were 12% higher at EUR3.07. Credit Agricole said late Thursday that it would aim to expand strategic partnerships with Banco BPM after the stake acquisition, the financial details of which it didn't disclose. Credit Agricole said it hasn't applied to the authorities to cross the 10% threshold of Banco BPM's share capital. Write to Cristina Roca at cristina.roca@wsj.com(END) Dow Jones NewswiresApril 08, 2022 03:51 ET (07:51 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.

Source: Wall Street Journal April 08, 2022 08:08 UTC