Sabanci raises controlling stake in Akcansa to 39.7%

Sabanci raises controlling stake in  Akcansa to 39.7%
Published: 21 July 2008

One of the leading Turkish conglomerates, Sabanci Holding, informed that it purchased Akcansa Cimento Sanayi shares with a nominal value of TRY 14.3m from the group’s insurance unit Aksigorta for a total consideration of TRY 55.96m (EUR 29.4m) at the price of TRY 3.91 per share.