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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds) more

QNB makes higher offer for Dexia’s Denizbank

Posted on 12 April 2012

Qatar National Bank has made a higher bid for Denizbank, the Turkish unit of stricken Belgian lender Dexia, after earlier talks stalled over price, four sources familiar with the matter said.
“The bid has been re-activated, and is on the table,” said one source. “The new offer is closer to what Dexia is expecting,” he added, saying that QNB’s original offer had been dismissed as too low………………………………………..Full Article: Source

 
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