General Electric Co. acquires a stake in Garanti Bank

On August 25, 2005, General Electric Co. acquired a stake in Garanti Bank, a financial services company in Turkey.

Deal at a glance

AnnouncedAugust 25, 2005 TypeStake Purchase TargetGaranti Bank Buyer General Electric Co. SectorFinancial Services LocationTurkey ValueNot disclosed

Target company

Garanti Bank

Turkey

Financial Servicessector

-founded

Activestatus

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Buyer

General Electric Co.

Company · 97 deals on record

3rd transaction in financial services
1st transaction in Turkey

97deals, all time

15in this sector

2016latest

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Questions about this deal

Who acquired Garanti Bank?General Electric Co. acquired a stake in Garanti Bank on August 25, 2005.

What type of deal was it?It was a stake purchase in the financial services sector in 2005.

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