Friday 13 January 2012

Qatar National Bank nearing to buy Denizbank-paper | Reuters

Qatar National Bank (QNB) reached the final stage of talks to buy Denizbank , Franco-Belgian bank Dexia's Turkish unit, Star newspaper reported on Friday without giving a source.

No-one at Denizbank could immediately be reached for comment.

Denizbank said on Jan. 10 its sale process was continuing, a day after a person familiar with the matter said HSBC Holdings had pulled out of the bidding to buy it.

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