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Banks

Turkey's Sabanci wants to float shares in energy, retail units, timing unclear - CEO

ISTANBUL, Feb 29 (Reuters) - Turkish conglomerate Sabanci Holding wants to hold an initial public offering of its energy company and a secondary float of shares in its retail unit, Chief Executive Zafer Kurtul said on Monday.

Istanbul-based Sabanci, which also has interests in banking, cement and cars, is uncertain of the timing of the offerings due to market conditions, Kurtul said at a news conference following the release of 2015 earnings. (Reporting by Ceyda Caglayan; Writing by Ayla Jean Yackley; Editing by David Dolan)

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