Sberbank in Talks With Emirates NBD Over Possible Sale of Denizbank Share

By FeaturesDow Jones Newswires

Sberbank of Russia (SBERP.MZ) said Tuesday that it has started talks with Emirates NBD Bank PJSC over the possible sale of its shareholding in Denizbank.

The Russian bank said talks are at the preliminary stage, and there is no certainty of a transaction.

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The company said it routinely evaluates potential opportunities in different markets.

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

(END) Dow Jones Newswires

January 30, 2018 02:22 ET (07:22 GMT)

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