January 30, 2018 / 5:06 AM / a year ago

Dubai's Emirates NBD in early talks to buy stake in Turkey's Denizbank

DUBAI, Jan 30 (Reuters) - Emirates NBD, Dubai’s largest bank, said on Tuesday it had started initial strategic discussions with Russia’s Sberbank about a possible purchase of Sberbank’s stake in Turkey’s Denizbank.

The talks were at a very preliminary stage and there was no certainty that any transaction will be completed, the bank said, adding that a further announcement will only be made if there is a material development. (Reporting By Tom Arnold; Editing by Saeed Azhar)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below