BBVA Seeks Control of Turkey's Garanti in $2.6 Billion Deal.

Keywords: BBVA@SM; GARAN@TI; UCG@IM; YKBNK@TI; ALLTOP; BNK; BON; BUSINESS; COS; EUROPE; EURTOP; FIN; INDUSTRIES; MARKETS; STK; TOP; WORLD; WWTOP; WWTOPAM; WWTOPEU EN BBVA@SM GARAN@TI UCG@IM YKBNK@TI ALLTOP BNK BON BUSINESS COS EUROPE EURTOP FIN INDUSTRIES MARKETS STK TOP WORLD WWTOP WWTOPAM WWTOPEU Banco Bilbao Vizcaya Argentaria SA is seeking to take full control of its Turkish unit in a deal valued at as much as 25.7 billion liras ($2.56 billion), boosting its bet on the country even as some rivals wind down their holdings. BBVA could increase its holding without launching a subsequent takeover bid if not all Garanti BBVA shareholders accept the offer and BBVA exceeds a 50% stake, the bank said. [Extracted from the article]

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