Friday - November 22, 2024
Dechert LLP Advises Bank Audi on Sale of Majority Stake in Odeabank to ADQ
October 22, 2024
PHILADELPHIA, Pennsylvania, Oct. 22 -- Dechert, a law firm, issued the following news:

Dechert LLP is representing Bank Audi sal (Bank Audi) in connection with the sale of 96 percent of the share capital of Odea Bank A.S. (Odeabank), Bank Audi's subsidiary in Turkiye, to ADQ, an Abu Dhabi-based investment and holding company. Bank Audi is the largest shareholder in Odeabank with a 76.4 percent stake. The other sellers include International Finance Corporation, IFC FIG Investment Com . . .

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