(Reuters) - The sale price represents a 7 percent discount to the
closing price on Tuesday, the day before one of Turkcell's main
shareholders, Cukurova, said it was selling the stake via an
accelerated book building.
The stock fell 6 percent on Wednesday after the sale was
announced and at 0804 GMT on Friday stood 2.3 percent higher at
9.00 lira a share, outperforming the main Istanbul index
.
Read more at Reuters.com Mergers News
closing price on Tuesday, the day before one of Turkcell's main
shareholders, Cukurova, said it was selling the stake via an
accelerated book building.
The stock fell 6 percent on Wednesday after the sale was
announced and at 0804 GMT on Friday stood 2.3 percent higher at
9.00 lira a share, outperforming the main Istanbul index
.
Read more at Reuters.com Mergers News
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