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Court lets TeliaSonera sell Cukurova holding shares

Tuesday 8 March 2016 | 11:42 CET | News

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TeliaSonera said the court in the British Virgin Islands (BVI) has issued a judgement granting its application for the sale of shares in a holding company in the Cukurova Group, which indirectly holds shares in Turkcell. The judgement is made in proceedings to enforce an arbitral award from the International Chamber of Commerce (ICC) made in TeliaSonera's favour in September 2011 of USD 932 million in damages, plus interest and costs.

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Categories: Mobile & Wireless
Companies: Alfa / Altimo / Telia / Turkcell
Countries: Turkey
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