Oyak Cement to sell stake in Aslan Cemento, Turkey

Oyak Cement to sell stake in Aslan Cemento, Turkey
Published: 10 September 2012


Military-run business conglomerate Oyak Cement announced on Friday it had applied to the Central Registry Agency to sell an almost 10 per cent stake in subsidiary Aslan Cemento.

Oyak owns a 96.85 per cent stake in Aslan and in the announcement it said it would sell 7.18 million units of stake out of a total 70.7 million it holds on the Istanbul Stock Exchange. (Source: Reuters)