ISTANBUL, Nov 8 (Reuters) - Dubai’s biggest lender Emirates NBD has applied to Turkey’s competition authority to take over Turkish lender Denizbank, a posting on the competition authority’s website showed on Thursday.
In May, Emirates NBD agreed to buy Denizbank from Russia’s state-owned Sberbank for $3.2 billion to help establish itself as a leading bank in the Middle East, North Africa and Turkey. (Reporting by Ebru Tuncay Writing by Ali Kucukgocmen Editing by Daren Butler)
