Edition:
India

Turkcell's Unit Fintur Signs Binding Agreement To Divest Unit Kcell To Kazakhtelecom


Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::FOR ACQUISITION OF UNIT KCELL BY KAZAKHTELECOM, ENTERPRISE VALUE IS FORESEEN AS $771 MILLION FOR 100% OF SHARES.THIS CORRESPONDS TO EV/EBITDA MULTIPLE OF 5.0 TIMES BASED ON THE LAST TWELVE MONTHS EBITDA PER SEPTEMBER 2018.THE REGULATORY APPROVALS WITH RESPECT TO THE TRANSACTION HAVE BEEN OBTAINED.THE FINAL PRICE TO BE DETERMINED FOLLOWING CLOSING PROCEDURES AND TRANSACTION WILL BE FINALIZED. 

Company Quote

13.4
0.19 +1.44%
22 Jul 2019