Deals
Ciner Weighs Sale of Stake in $5 Billion Soda Ash Unit
- Turkish group working with Goldman on options for We Soda
- We Soda led by ex-Deutsche, Goldman banker Alasdair Warren
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Ciner Group is weighing the sale of a stake in We Soda Ltd., one of the largest producers of a natural resource used in everything from bathtubs to baked goods, according to people familiar with the matter.
The Turkish conglomerate is working with Goldman Sachs Group Inc. as it explores options for its soda ash business, the people said, who asked not to be identified discussing confidential information. We Soda could be valued at about $5 billion in any deal, the people said.