BBVA could increase its stake in Turkish bank Garanti Bankasi
BBVA podría aumentar su participación en el banco turco Garanti Bankasi
Intel ID : 218160
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Spain-based bank BBVA is studying a possible acquisition of a 1% stake in Turkish bank Garanti Bankasi. It already holds 24,90% of the capital. If this deal materializes BBVA would become the company's major shareholder. BBVA holds acquisition rights, which ends in 2015, through the acquisition of a 24,90% stake in Garanti Bankasi in November 2011.
(content in spanish)
La entidad financiera española BBVA está estudiando la posibilidad de adquirir un 1% del capital social de la financiera turca Garanti Bankasi donde ya tiene una participación del 24,90%. De realizar la operación, BBVA se posicionaría como el principal accionista de la entidad. BBVA tiene dicho derecho de compra, que finaliza en 2015, como resultado de la adquisición del 24,90% del capital social de Garanti Bankasi en noviembre de 2011. |
| Intel ID | 218160 | |
| Value | ND | |
| Native Currency | Euro (EUR) | |
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Financial Data - Garanti
(31 Dec 2013) |
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25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
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25.01.08 Investment Banking & Brokerage Services 25 Financial Services / 25.01 Banking & Investment |
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25.01.04 Consumer Finance 25 Financial Services / 25.01 Banking & Investment |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.