White & Case Advises Dexia on €2.8 Billion DenizBank Sale to Sberbank | White & Case LLP International Law Firm, Global Law Practice
White & Case Advises Dexia on €2.8 Billion DenizBank Sale to Sberbank

White & Case Advises Dexia on €2.8 Billion DenizBank Sale to Sberbank

Global law firm White & Case LLP has advised Dexia on the €2.8 billion sale of its DenizBank unit to Russia's Sberbank. DenizBank is Turkey's sixth-largest private sector bank, and the deal includes the bank's subsidiaries in Turkey, Austria and Russia.

"White & Case has an established record of advising on complex, cross-border transactions," said David Crook, M&A partner at White & Case. "This is a great example of our ability to put together a team that combines our expertise as an established leader in a growing market like Turkey with our international English law M&A capabilities."

The White & Case team was led by partners David Crook (London), Meltem Akol (Istanbul), Asli Basgoz (Istanbul) and Gisele Rosselle (Brussels). They were assisted by Istanbul-based associates Anthony O'Connor, Nil Akman and Derin Altan.

Subject to regulatory approval, the transaction is targeted to close in the fourth quarter of 2012.

Press Contact
For more information please speak to your local media contact.

White & Case Advises Dexia on €2.8 Billion DenizBank Sale to Sberbank
11 Jun 2012
Press Release

White & Case Advises Dexia on €2.8 Billion DenizBank Sale to Sberbank

Global law firm White & Case LLP has advised Dexia on the €2.8 billion sale of its DenizBank unit to Russia's Sberbank. DenizBank is Turkey's sixth-largest private sector bank, and the deal includes the bank's subsidiaries in Turkey, Austria and Russia.

"White & Case has an established record of advising on complex, cross-border transactions," said David Crook, M&A partner at White & Case. "This is a great example of our ability to put together a team that combines our expertise as an established leader in a growing market like Turkey with our international English law M&A capabilities."

The White & Case team was led by partners David Crook (London), Meltem Akol (Istanbul), Asli Basgoz (Istanbul) and Gisele Rosselle (Brussels). They were assisted by Istanbul-based associates Anthony O'Connor, Nil Akman and Derin Altan.

Subject to regulatory approval, the transaction is targeted to close in the fourth quarter of 2012.

Press Contact
For more information please speak to your local media contact.