question archive I am working on a case study of the acquisition of Financebank (and its Turkish and international subsidiaries) in 2006
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I am working on a case study of the acquisition of Financebank (and its Turkish and international subsidiaries) in 2006. NBG (Greek bank) makes an offer that can be broken into two components: ownership of the finansbank and ownership of the bank's subsidiaries. However, NBG would sell the international subsidiaries of Finansbank back to the orginal founder (and owner) of Finansbank, which is Ozyegin.
The question is - Why would Ozyegin be interested in selling the Turkish operations and buying back the non-Turkish operations? So, generally why would he sell only some parts of the bank and buy back other parts? Any tip in the right direction is welcome.
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