Stock That Tanked After ‘Shocking’ Tesco Deal Soars Most in YearBy and
Tesco Kipa rises 20% after losing half its value in 4 days
Investors bet that regulator will demand mandatory share call
Tesco Kipa ended a selloff that wiped out more than 50 percent of the stock’s value, on optimism that Turkey’s market regulator will protect minority shareholders’ rights.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.