Turkısh Report Says Bıg Spanısh Bank Keen On Garantı
A Spanish banking giant is interested in General Electric Co. (GE) stake in Turkish private lender Garanti Bank AS (GARAN.IS), Turkish daily Star reported Friday without citing sources.
Garanti said Thursday General Electric is assessing strategic options for its 20.85% stake in the bank.
The daily named Spanish Banco Santander SA (STD)Banco Bilbao Vizcaya Argentaria (BBVACL.SN) as possible bidders.
(SB-SB-ENG)