Wednesday, July 20, 2005

Reuters Business Channel | ABN AMRO eyes bid for Turkey's Garanti Bank-report

"ABN AMRO eyes bid for Turkey's Garanti Bank-report
Wednesday 20 July 2005, 1:53am EST
AMSTERDAM, July 20 (Reuters) - Dutch bank ABN AMRO NV (AAH.AS: Quote, Profile, Research)(ABN.N: Quote, Profile, Research) is one of five large international banks considering a bid for a controlling stake in Turkey's Garanti Bank (GARAN.IS: Quote, Profile, Research), a Dutch daily reported on Wednesday.

The five banks are already in due diligence, Het Financieele Dagblad reported citing sources close to negotiations."

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