Turkey’s Ulker May Buy Some Rainford Assets, Mergermarket Says
By Benjamin Harvey -
2012-06-14T06:53:16Z
Ulker Biskuvi Sanayi AS (ULKER), Turkey’s largest sweets maker, is in talks with Ukraine’s Rainford Group to buy its confectionary assets, Mergermarket reported, citing two people close to the situation that it didn’t name.
The talks may be concluded within a month, and Ulker may spend more than $600 million on acquisitions this year, Mergermarket said citing one of the people.
To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net
To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net
Sponsored Link
Rate this Page
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.