Emirates NBD Acquires Turkey’s Denizbank in $3.2 Billion Deal with Sberbank

Posted on 05/23/2018

In a bid to establish itself as one of the region’s leading providers of financial services, Emirates NBD – Dubai’s largest bank – has entered into a deal to acquire a 99.99% stake in Turkey’s DenizBank A.Ş. for a bargain price of US$ 3.2 billion from Russian state-owned lender Sberbank. The enterprise value of the […]

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