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Spanish supermarket Dia to sell Turkish business to Yildiz
April 19, 2013 / 2:26 PM / 4 years ago

Spanish supermarket Dia to sell Turkish business to Yildiz

MADRID, April 19 (Reuters) - Spanish supermarket group Dia said on Friday it had agreed to sell its Turkish business to Yildiz Holding and one of its subsidiaries, retailer SOK Marketler.

Dia has a 60 percent stake in its Turkish chain DiaSA and the rest is owned by Sabanci Holding, which will also sell its shares. Yildiz is paying 136.5 million euros ($179 million) for the whole business. ($1 = 0.7644 euros) (Reporting by Sarah White; Editing by Clare Kane)

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