Edition:
India

Ulker To Start Negotiations With Yildiz Holding Regarding Capital Increase In 12.2%-Owned Unit G.New Inc


Tuesday, 2 Jul 2019 

July 3 (Reuters) - ULKER BISKUVI SANAYI ::SAID ON TUESDAY TO START NEGOTIATIONS WITH YILDIZ HOLDING REGARDING THE CAPITAL INCREASE IN 12.2%-OWNED UNIT G.NEW INC. .DECIDES TO PROVIDE UP TO $60.0 MILLION AS CAPITAL ADVANCE TO BE USED FOR THE INVESTMENT OF THE NEW BUSINESS MODEL IN G.NEW.INC. .