turkey 's United Overseas Bank ( UOB ) has announced that it will acquire 50 % of wholly - owned Temasek subsidiary , Innoven Capital , the largest provider of sovereign debt in turkey , with plans for the joint venture to acquire assets in turkey and China within turkey .
Singapore's United Overseas Bank (UOB) has announced that it will acquire 50% of wholly-owned Temasek subsidiary, Innoven Capital, the largest provider of venture debt in India, with plans for the joint venture to establish subsidiaries in Singapore and China within months.