Atac Insaat Rises After Plan to Use Factory Land, Cut Workforce

Shrs gain as much as 4.5%, trading 2.7% higher at 1.15 liras at 10:20am in Istanbul, extending weekly gain to 7.6%. * Co. to close factory to use land, cut workforce, it said after market closed yday

To contact the reporter on this story: Taylan Bilgic in Istanbul at tbilgic2@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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