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Tuesday, June 06, 2006

REPORTER.GR-Turkey: Court halts Rabobank-Sekerbank deal

"Turkey: Court halts Rabobank-Sekerbank deal

12:30 - 06 June 2006 - Dutch cooperative bank Rabobank Group faced another hurdle in its attempt to buy Turkish Sekerbank AS, after a Turkey court ruled that the Dutch lender was paying too low a price. Rabobank said that a Turkish court had confirmed the ruling of a lower-instance judge."

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