Burgan Bank to acquire 99.26% stake in Eurobank Tekfen from EFG Eurobank and Tekfen - MarketLine Financial Deals

Burgan Bank to acquire 99.26% stake in Eurobank Tekfen from EFG Eurobank and Tekfen

Burgan Bank to acquire 99.26% stake in Eurobank Tekfen from EFG Eurobank and Tekfen - MarketLine Financial Deals
Burgan Bank to acquire 99.26% stake in Eurobank Tekfen from EFG Eurobank and Tekfen
Published Apr 09, 2012
4 pages — Published Apr 09, 2012
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Abstract:

Burgan Bank SAK has agreed to acquire a 99.26% stake in Eurobank Tekfen A.S., a provider of retail and corporate banking services, from EFG Eurobank Ergasias SA (Eurobank EFG) and Tekfen Holding Co., Inc. for an upfront cash consideration of TRY641 million ($357.58 million) representing 0.98x based on September 30, 2011 shareholders' equity.

  
Source:
Document ID
MA99761_120224
Country
Country
Country
Ticker
BURG=KW
Ticker
EUROB=GR
Ticker
KPROJ=KW
Ticker
TKFEN=TR
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MLA:
MarketLine Financial Deals. "Burgan Bank to acquire 99.26% stake in Eurobank Tekfen from EFG Eurobank and Tekfen" Apr 09, 2012. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Burgan-Bank-to-acquire-99-26-stake-in-Eurobank-Tekfen-from-EFG-Eurobank-and-Tekfen-2052-80029>
  
APA:
MarketLine Financial Deals. (2012). Burgan Bank to acquire 99.26% stake in Eurobank Tekfen from EFG Eurobank and Tekfen Apr 09, 2012. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Burgan-Bank-to-acquire-99-26-stake-in-Eurobank-Tekfen-from-EFG-Eurobank-and-Tekfen-2052-80029>
  
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