Dubai's biggest lender mulls renegotiating Sberbank offer as Turkish lira slumps

Dubai's biggest lender mulls renegotiating Sberbank offer as Turkish lira slumps

RUSSIA SBERBANK. Photo: Bloomberg

Emirates NBD PJSC is considering whether to renegotiate its offer for Sberbank PJSC’s wholly-owned Turkish unit after the lira lost almost 30 percent of its value since the deal was signed, according to people familiar with the negotiations.

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