Kazkommertsbank JSC and three companies else are interested in purchasing of Oyak Bank
08.06.07 18:14
/REUTERS, Istanbul, June 7, 07/ - Private investment company Texas
Pacific, Holland bank ING, Italian Intesa Sanpaolo and Kazkomemrtsbank
are interested in purchasing of Turkish Oyak Bank, informed the sources,
close to situation.
Oyak Bank takes the ninth place among Turkish banks and is one of the last
abilities to enter the rapidly growing Turkish market of banking services.
"Kazkommertsbank, ING, Texas Pacific Group and Intesa Sanpaolo are
interested in bank", - told one of the sources.
Representatives of Oyak refused to comment the information, as well as
adviser of Turkish bank and ING - Morgan Stanley.
Representative of TPG also refused to comment the situation.
Managing director of Kazkommertsbank Andrey Timchenko refused to
comment the possible suggestion about purchase of Oyak last week, and
Intesa Sanpaolo confirmed the plans of bid application.
[2007-06-08]