International Companies

Dexia may be close to selling Turkish business

Date: Friday 08 Jun 2012

Nationalised French-Belgian bank Dexia is looking to finalise an agreement for the sale of its Turkish unit Denizbank to Russia's largest lender AOA Sberbank for around 3.7bn dollars.

According to MarketWatch, citing a person familiar with the matter, both entities have been holding exclusive negotiations since late May...

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