Plastikkart Jumps in Istanbul After Starting Gemalto Talks
Plastikkart Akilli Kart Iletisim Sistemleri Sanayi & Ticaret AS (PKART), a Turkish maker of smart cards, climbed in Istanbul after starting talks with Amsterdam-based Gemalto NV on a possible share sale.
Plastikkart rose 3.3 percent to 2.85 liras by the close of trading after jumping as much as 8.3 percent. The company will hold talks with Gemalto on a possible share sale and commercial partnership, it said in a statement to the Istanbul Stock Exchange today.
To contact the reporter on this story: Aydan Eksin in Istanbul at email@example.com
To contact the editor responsible for this story: Benjamin Harvey at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.