Corporate Finance Debt Deals Equity Deals M&A Deals Old Articles
Turkish banking sector is still attractive for European players: BBVA reaches 40% of Garanti Bank
BBVA; market cap (as of 21/11/2014): $60.99bn Garanti Bakasi; market cap (as of 21/11/2014): $16.25bn Introduction On November 19, Banco Bilbao Vizcaya Argentaria (BBVA) announced the acquisition of a 14.89% stake of Turkiye Guaranti Bankasi’s from Dogus Group through a Turkish Lira (TL) 5.6bn (ca. €2bn) stock purchase. This operation Read more…