1. Mushtaq

    Citigroup pays $3 bln for stake in Turkey's Akbank

    By Birsen Altayli and Emma Ross-Thomas ISTANBUL (Reuters) - Citigroup (C.N: Quote, Profile, Research) has agreed to pay $3.1 billion for a 20 percent stake in Turkey's Akbank, a move seen aimed at strengthening the U.S. financial giant's position in the competitive and fast-growing Turkish...
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