ADQ, Abu Dhabi and Bank Audi
Abu Dhabi's ADQ acquires 96% stake in Bank Audi's Turkish subsidiary
Abu Dhabi-based investment and holding company ADQ has signed a definitive agreement with Lebanon's Bank Audi to acquire a 96 per cent stake in Odeabank, the lender’s Turkish subsidiary. The financial details of the transaction,
Abu Dhabi's ADQ acquires 96% stake in Türkiye-based Odeabank
Abu Dhabi sovereign wealth fund ADQ announced Tuesday a definitive agreement to acquire 96% of the share capital of Odeabank, the subsidiary
Abu Dhabi’s ADQ to acquire 96% of Turkey’s Odea Bank
ADQ, an Abu Dhabi-based investment and holding company, has signed an agreement to acquire 96 per cent of the share capital of Odea Bank, a subsidiary of Bank Audi, a leading Turkey bank. Odeabank is Turkey’s 13th largest private conventional bank by total gross loans and customer deposits.
Abu Dhabi Deepens Foray Into Turkey With Odeabank Purchase
Abu Dhabi sovereign wealth fund ADQ is buying Odeabank, marking the latest example of the oil-rich emirate’s efforts to expand into Turkey.
ADQ agrees with Bank Audi for Odeabank stake
Abu Dhabi-based ADQ has agreed with Bank Audi to acquire 96% of Odeabank, Bank Audi's arm in Turkey.
ADQ, Bank Audi sign definitive agreement to acquire 96% of Odea Bank
ADQ an Abu Dhabi-based investment and holding company and Bank Audi sal Bank Audi one of Lebanon leading banks announced today the signing of
Abu Dhabi fund to acquire 96% of Turkish bank
Abu Dhabi state-controlled fund ADQ has entered into a definitive agreement with Lebanon’s Bank Audi-led consortium to acquire 96% of the share capital of Odea Bank A.Ş. (Odeabank), Bank Audi’s subsidiary in Türkiye.
Abu Dhabi fund ADQ to acquire 96% of Bank Audi’s Turkish unit
The fund’s investment will provide fresh capital, allowing Odeabank to leverage opportunities within the wider group
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FAQ: Everything to know about The NBA Abu Dhabi Games 2024
The event returns for its 3rd year with preseason games between the Celtics and Nuggets on Oct. 4 and Oct. 6 in Abu Dhabi.