BBVA raises €2bn in accelerated trade to up Garanti stake to 40%
BBVA raised €2bn of fresh equity on Wednesday evening, to finance its acquisition of a 14.89% stake in Turkey’s Garanti Bank — taking its stake in the bank to 39.9%. The €2bn will pay for the whole stake.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: