Turkcell asks for approval of merger with Turktell

Friday 17 October 2014 | 10:32 CET | News
Turkish operator Turkcell applied on 16 October to the Capital Markets Board of Turkey (CMB) for the approval of its merger with its 100 percent owned subsidiary Turktell Uluslararasi Yatirim Holding through the 'Facilitated merger' method which it announced on 24 September. The aim of the merger is to simplify the group structure, increase efficiency and reduce operational costs. 

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Categories: Mobile & Wireless
Companies: Turkcell
Countries: Turkey
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