stake

  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...
  2. merlin

    General Electric to Pay $1.56 Billion for Stake in Garanti Bank....

    Bloomberg General Electric Co. agreed to pay $1.56 billion for a stake in Turkiye Garanti Bankasi AS, the third-biggest publicly traded lender in a country where consumer borrowing has almost doubled in a year. General Electric's consumer finance unit will buy 25.5 percent of the company...
  3. merlin

    Morgan Stanley raises its stake in Finansbank....

    Morgan Stanley holds more than 5 percent of Turkish Finansbank's shares after a transaction that was carried out earlier this week, according to a statement issued by the investment bank. Finansbank, owned largely by Fiba Holding, is one of the mid-sized banks that has stayed out of the recent...
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