"BBVA bank announces big step into Turkish banking
(AFP) – 6 hours ago
MADRID — BBVA bank, the second-biggest Spanish bank, said on Tuesday that it had agreed to buy 24.89 percent of Turkish bank Garanti Bankasi for 5.8 billion dollars (4.2 billion euros).
BBVA said in a statement that it would raise capital of up to 5.06 billion euros to finance the investment."
More:AFP: BBVA bank announces big step into Turkish banking
