Deals

Masdar M&A Talks in Turkey Collapse in Blow to Investment Drive

  • Sides fail to agree on price for stake in renewables producer
  • Turkey is seeking investment from UAE and other Gulf countries
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Renewable energy giant Masdar’s talks to acquire a stake in Turkey’s Fiba Yenilenebilir Enerji have collapsed, according to sources with knowledge of the matter, in a blow to Ankara’s pursuit of UAE investment.