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

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

Don't Miss Out —
Follow us on:

March 20 (Bloomberg) -- 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

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.