United States

Telia sells 153.5 mln Turkcell shares in placing

Tuesday, 19 Sep 2017 02:00am EDT 

Sept 19 (Reuters) - Telia :Result of placing of ordinary shares in Turkcell.Says following completion of placing and sale, Telia Company will own 24.0 percent of issued share capital of Turkcell through its ownership in Turkcell Holding.Says through placing, Sonera Holding B.V., a wholly owned subsidiary of Telia Company, has agreed to sell an aggregate of 153.5 million ordinary shares in Turkcell at a price of TRY 11.60 per ordinary share.