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Wireless

Telia offers 6.8% of Turkcell to institutional investors

Thursday 4 May 2017 | 11:55 CET | News
Telia Company said that its subsidiary Sonera Holding will run an accelerated bookbuilding offering to institutional investors of approximately 150 million shares in Turkcell Iletism Hizmetleri, or approximately 6.8 percent of Turkcell's issued share capital. Telia Company's total interest in Turkcell is approximately 38.0 percent, in the form of a 14.0 percent direct stake and 24.0 percent indirect stake. If all the shares are sold, Telia's direct stake in Turkcell will fall to 7.2 percent.

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Categories: Mobile & Wireless
Companies: Sonera / Turkcell
Countries: Turkey
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