FINANCIAL MARKETS - Turkish Stocks Rise 5th Day on Merger Speculation (Bank Asya)

...  HSBC Holdings Plc was hired to find a Turkish partner for a foreign bank, Reuters reported March 9, while the Haberturk newspaper said on March 10 that Qatar Islamic Bank (QIBK) wants to buy a 25 percent stake in Asya Katilim AS.

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Qatar Islamic Bank wants to enter the Turkish market, its acting Chief Executive Officer Ahmad Meshari said in Doha yesterday. Meshari declined to comment on the Haberturk report. ... (full story)
Source : http://www.bloomberg.com/news/2011-03-14/turkish-stocks-rise-5th-day-on-mergers-speculation-bonds-rally.html- March 14, 2011