BANKING - Ulker Family leaves the finance sector (Turkiye Finans, BMD, Albaraka Turk)

On Sept 30, 2010 the Ulker Family sold its' stakes in Albaraka Turk and Turkiye Finans.

   

The Turkiye Finans shares were sold by Murat Ülker, Ali Ülker (Özokur),  Ahsen Özokur, Orhan Özokur to Gozde Finansal Hizmetlere (Gozde Financial Services) and therefor stay in the Yildiz Group.

 

The shareholdings in Albaraka Turk (1.290.000 shares) that were sold to Gozde Factoring (also part of the Yildiz Group).

 

Also on Sept 30, 2010 they sold their stake in Bizim Menkul BMD to the Istikbal Group (part of Boydak Group).  

 

The Ulker Family apparently have no more direct stake in the Turkish finance sector.

Source : http://www.finansgundem.com/haber/oku/kulis/36743/iste_fettah_tamincenin_yeni_ortagi/print - Sept 30, 2010

Source sale BMD to Boydak : http://www.boydak.com/n/104_boydak-holding-bizim-menkul-degerler-asnin-tum-hisselerini-devraldi.aspx - Sept 30, 2010