Edition:
United States

Sera Yapi and Tepe Insaat to sell 3.76% in TAV Havalimanlari to institutional investors


Tuesday, 12 Sep 2017 02:04am EDT 

Sept 12 (Reuters) - PUBLIC DISCLOSURE PLATFORM (KAP)::SERA YAPI AND TEPE INSAAT SIGN AGREEMENT WITH CREDIT SUISSE SECURITIES TO SELL 3.76% STAKE IN TAV HAVALIMANLARI HOLDING <<>> TO INSTITUTIONAL INVESTORS AT ABROAD.AFTER THE TRANSACTION THEIR SHARE IN TAV WILL DECREASED T 6.35% AND TAV FREE FLOAT RATE WILL INCREASE TO 44.33% .SERA YAPI TO SELL 2.76 MLN SHARES, TEPE INSAAT TO SELL 10.9 MILLION SHARES AT 19.85 LIRA PER SHARE.THE SALE WILL BE REALISED AT OVER-THE-COUNTER MARKET. 

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13 Dec 2017