ISTANBUL, Dec 31 (Reuters) - The Turkish Wealth Fund said on Tuesday it had bought the European Bank for Reconstruction and Development's (EBRD) 10% stake in Borsa Istanbul, raising its stake in the stock exchange to 90.6%.
Sources had told Reuters in October that the EBRD would sell its 10% stake in the exchange after a former Halkbank executive who was jailed in the United States was named as the bourse's CEO.
(Reporting by Daren Butler; Editing by Ezgi Erkoyun)
((daren.butler@tr.com; +90-212-350 7053; Reuters Messaging: daren.butler.thomsonreuters.com@reuters.net))
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