Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Turkey’s Yildiz Holding Says No Plan to Sell After Sale Registry

July 9 (Bloomberg) -- Turkey’s Yildiz Holding said it had no plans to sell its affiliated companies after registering more than 200 million shares of various companies for sale with the exchange yesterday.

“There is no decision to sell any of the Yildiz Holding affiliates or public companies,” Yildiz said in an e-mailed statement sent after the markets closed yesterday. The shares were registered for sale as a “procedural decision,” according to the statement.

Yildiz Holding, owner of the Godiva chocolates brand, registered more than 110 million shares of Ulker Biskuvi Sanayi AS, a sweets maker, 28.4 million shares of financial services company Gozde Finansal Hizmetler AS, and other companies for sale yesterday.

Ulker shares dropped 20 kurus, or 3.5 percent, to 5.48 liras and Gozde plunged 36 kurus, or 7.1 percent, to 4.74 liras after the registry was announced in a statement to the exchange yesterday.

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.