Azimut Expands Bet on Turkey With Asset Manager Acquisition

Azimut Holding SpA agreed to buy Turkey’s Yapi Kredi Portfoy Yonetimi AS, in a deal that will make the Italian asset and wealth manager the largest private portfolio manager in...

By Taylan Bilgic · Bloomberg Markets

Azimut Holding SpA agreed to buy Turkey’s Yapi Kredi Portfoy Yonetimi AS, in a deal that will make the Italian asset and wealth manager the largest private portfolio manager in the country.