Turkish cement producers Batisoke Soke Cimento Sanayii and Baticim Bati Anadolu Cimento Sanayii have sold their jointly-owned power unit Tezli Dere Elektrik Uretimi.
Batisoke has sold its 36 per cent stake in the power company to local investors Salih Yaman and Huseyin Sumer for a total of US$216,150, while Baticim has sold its 64 per cent stake to Salih Yaman for US$383,850, the cement companies said in separate bourse filings on Wednesday.
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