Sabanci Holding still interested in Uzan

Sabanci Holding still interested in Uzan
Published: 16 June 2005

Erhan Kamisli, head of Sabanci Holding cement group, said that the group company Akcansa was still interested in cement companies those were previously owned by Uzan Group and later on seized against the group’s debt to state. Akcansa is a joint venture between Sabanci and Heidelberg Cement. According to Kamisli, another group company Cimsa would also bid in the tenders to be held for the said cement companies. Recent media reports suggested that there are ten foreign and fifteen local investors those are expected to bid for cement companies previously owned by Uzan group.