Showing posts with label 101. Show all posts
Showing posts with label 101. Show all posts

Monday, 12 March 2012

CAPITAL MARKETS - Turkey Stocks: Asya Katilim, Turkcell, Vakifbank Were Active

www.bloomberg.com - The following stocks were active. Stock symbols are in parentheses.

Asya Katilim Bankasi AS (ASYAB) , an Islamic bank, climbed 1.1 percent to 1.82 liras, outperforming the overall banking index, which fell less than 0.1 percent. A private equity firm is close to buying discount retailer A101 Yeni Magazicilik AS, in which Bank Asya owns a 22 percent stake, according to a Dow Jones Newswires report. (source)

Saturday, 10 March 2012

FINANCE - Turkish Retailer A101 Set To Clinch Sale To Private Equity - Sources

www.nasdaq.com - LONDON -(Dow Jones)- Turkish retailer A101 Yeni Magazacilik AS is set to clinch a sale to private equity highlighting a continued interest in the country's retail sector, people familiar with the situation told Dow Jones Newswires Wednesday.
Capital Group is frontrunner for the business which has attracted several other buyout firms including TPG, Investcorp and Permira, one person said. (source)

Tuesday, 14 February 2012

BANKING - Bank Asya press conference

www.bankasya.com.tr  - Bank Asya board member and general manager Mr. Abdullah CELİK held a press conference on 08.02.2012 and the main topics are listed below:

• Bank Asya continues ongoing negotiations with buyers regarding the sale of its Isik Sigorta (Insurance Subsidiary) shares. Depending on the offers, Bank Asya may sell entire of its shares.  (source)

Friday, 19 August 2011

BANKING - 7 bids for retailer 101 - Bank Asya planning to sell participation

JUST-FOOD.COM - Turkish discount retailer A101 has reportedly attracted seven bids in the first round of an auction.
TPG and Permira are among the private-equity firms that submitted bids by the deadline ten days ago, alongside several trade buyers, according to Dow Jones Newswires.
A101 has been valued at between TRY800m (US$448m) and TRY1bn. Next-round bids are due at the end of the month, the news agency said. (source)