Intesa Sanpaolo S.p.A. (BIT:ISP) is said to be eyeing Garanti Bank S.A., which has been put up for sale. The bank is part of Turkiye Garanti Bankasi A.S. (IBSE:GARAN), which is itself owned by Banco Bilbao Vizcaya Argentaria, S.A. (BME:BBVA). The deal is said to be worth up to €400 million ($461.37 million). A competitive process to sell the bank started last year, local press have reported.