"Fortis Acquires Full Ownership of 89.34 Percent of Disbank
BRUSSELS, Belgium, July 4, 2005 (PRIMEZONE) -- Further to the approval of the transaction by all the relevant Turkish regulatory and governmental authorities, Fortis has acquired today full ownership of 89.34% of the shares of Disbank from the majority shareholders - Dogan Holding, Dogan family and the two pension funds of Disbank - for the agreed price of EUR 880 million (985 million at 100%) subject to price adjustment.As announced on 12 April 2005, Fortis will also make a public bid for the remaining 10.66% of Disbank's shares. The details and timing of the bid will be determined in compliance with the requirements of the Turkish capital market supervisor (the Capital Market Board) and the other relevant regulatory authorities."
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