Biggest IPO in Three Years No Remedy to Turkey Sale Drought

Updated on
  • Global Tower seeks to raise $124 million, plans expansion
  • Unlu’s Mizrahi sees no immediate end to dearth of IPOs

The biggest initial public offering in three years in Turkey may not be enough to break a hiatus in share sales because of political uncertainty and risk aversion toward emerging markets.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.