Mubadala Development Co. PJSC, a sovereign wealth fund of the Emirate of Dubai, is considering a bid to buy state-owned Turkish lender Turkiye Halk Bankasi AS (HALKB), Vatan newspaper reported.
Mubadala officials have visited Turkey several times in the past six months and may be considering an offer of around $10 billion for the Turkish bank, Vatan reported citing unnamed banking officials.
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