Kazakh Kaspi acquires Rabobank's Turkish subsidiary
Business
ISTANBUL Kazakhstan's largest e-commerce group, Kaspi.kz , has signed an agreement to acquire Netherlands-based agricultural bank Rabobank 's Turkish operations, according to a statement by Kaspi on March 27. The statement did not provide any information on the financial details of the acquisition but said it was still subject to regulatory approval. "The transaction is not material. Rabobank A.S. is a fully licensed bank in Türkiye which has neither borrowing or depositing clients nor a branch
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