Spain's BBVA offers to buy 50.15% in Garanti for up to 2.25 billion euros - NewsBreak
By Gomez in Business
Updated 2 years ago
MADRID (Reuters) -Spain's BBVA on Monday said it has decided to launch a tender offer for the 50.15% stake it does not own in its Turkish lender Garanti BBVA for up to 2.25 billion euros ($2.58 billion). The offer price of 12.20 Turkish lira ($1.22) per share represented a premium...
