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Emirates NBD to buy Turkey's Denizbank for $2.75 billion

Dubai's biggest bank entered into a revised deal to buy Turkey's Denizbank AS after the lira slumped and economic growth stalled in the Middle East's biggest economy. Emirates NBD PJSC will pay 15.48 billion lira ($2.75 billion) for Sberbank PJSC's wholly-owned Turkish unit, the state-controlled lender said in a statement…

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Click here to read the full story: Gulf News

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