Investment Banking
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Dubai bank’s Turkish bet just got $1 billion cheaper. And riskier
On the face of it, Emirates NBD PJSC’s acquisition of Turkey’s Denizbank AS has become about $1 billion cheaper. Still, the deal could prove to be the riskiest yet for Dubai’s biggest bank – if it isn’t derailed entirely. Since Emirates NBD agreed to buy the Turkish lender from Russia’s…
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Click here to read the full story: The Daily Star