بقيمة 8 مليارات دولار.. استحواذ مٌحتمل لـ "أبوظبي الأول" على 61% من بنك Yapi Kredi التركي

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Transcript

00:00 The acquisition of the most likely share of Abu Dhabi's Bank is the fourth largest bank in Turkey, YPYC.

00:08 The share we are talking about is 61%, but the details of this acquisition are more important.

00:14 So far we have been talking about the possibility of negotiations between Abu Dhabi and YPYC to acquire 61% of YPYC.

00:25 This share is owned by the Turkish coach group.

00:30 We have a kind of negotiations that are taking place now on the issue of the valuation of this 61%.

00:38 We have learned so far that YPYC asked FAB to offer 8.5 billion dollars, while FAB offered 7.5 billion dollars.

00:50 Therefore, we are talking about this range in terms of valuations.

00:55 If this share is bought for 8 billion dollars, this puts the value of the fourth largest private bank in Turkey, YPYC, at 13 billion dollars.

01:06 This means that the valuation of the price to book will be higher than the peers or other banks in Turkey.

01:18 What did Abu Dhabi's Bank say?

01:21 He said that the bank may participate in strategic discussions about the possibility of expanding its operating network.

01:27 We know so far that due diligence procedures have not started yet because we still have some negotiations on the market value.

01:36 YPYC is the fourth largest private bank in Turkey.

01:39 It was founded in 1944. It is not surprising that FAB is talking about a share in YPYC.

01:48 Because during the past period, we have witnessed the deepening of economic relations between Turkey and the United Arab Emirates.

01:55 Other Emirati banks have turned to YPYC on Emirati banks.

02:00 Let's go to some other details about this YPYC.

02:04 This is a YPYC share that has reached the highest level ever on the back of these news.

02:10 At the 21st session, it is always 10% higher when we have a kind of acquisition.

02:16 What is acquired is the one who witnesses the highest rise, not the acquirer.

02:21 Even for the Turkish coach group, we also witnessed increases in its shares on the back of these news.

02:28 Other Emirati banks have turned to Turkey for acquisitions in this way.

02:33 For example, the UAE was the national Dubai and the acquisition of 100% from the NIS Bank.

02:38 We also have other Emirati banks that have done this process.

02:44 The Islamic Dubai and the acquisition of the Turkish TOM group with 20% shares.