Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,307.20 -80.41 -0.52%
S&P 500 1,655.35 -13.81 -0.83%
Nasdaq 3,463.30 -38.82 -1.11%
Ticker Volume Price Price Delta
STOXX 50 2,779.22 -55.79 -1.97%
FTSE 100 6,731.60 -108.67 -1.59%
DAX 8,361.95 -168.94 -1.98%
Ticker Volume Price Price Delta
Nikkei 14,484.00 -1,143.28 -7.32%
Hang Seng 22,685.60 -575.45 -2.47%
S&P/ASX 200 5,062.45 -102.92 -1.99%

Brunei Ruler Buys 20% Stake in Turkey’s Yildiz Unit Marsa

Brunei Sultan Hassanal Bolkiah bought a 20 percent stake in Turkish Yildiz Holding AS’s margarine and vegetable oil producer Marsa Yag, Yildiz said today in a statement.

Yildiz, the maker of Godiva chocolates, also set up a joint venture named Western Food and Packaging SDN BHD in Brunei with a $30 million capital, according to an emailed statement from the Istanbul-based company.

The total value of the partnerships including the stake sale and the establishment of the new joint venture is $100 million, it said.

To contact the reporters on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net

To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link