December 22, 2018 / 6:58 AM / in 5 months

OTAS shares in Turk Telekom transferred to SPV -three banks

ISTANBUL, Dec 22 (Reuters) - Turk Telekom shares previously held by Ojer Telekom (OTAS) have been transferred to a special purpose vehicle, three Turkish banks said in a statement on Saturday.

The main objective is to create an environment where Turk Telekom shares can be transferred to a “competent” investor, Is Bank, Garanti Bank and Akbank said. Ojer held a 55 percent share in Turk Telekom. (Reporting by Can Sezer Writing by Ali Kucukgocmen)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below