Brief: Altinyag Kombinalari to sell 20 pct of Karsusan Karadeniz at 5.50 lira/SHR price

Casa Emtia Petrol Kimyevi ve Turevleri Sanayi ve Ticaret

11/03/2016 15:55

March 11 (Reuters) - Altinyag Kombinalari  ALYAG.IS  
    * Decides to transfer 20 percent of Karsusan Karadeniz 
 KRSAN.IS  stake to Masum Cevik at 5.50 lira ($1.92) per share 
price 
    * After the transaction, company will discard Karsusan 
Karadeniz from consolidated statements since Altinyag 
Kombinalari will hold no stake in the company 
 
Source text for Eikon:  ID:nIKAF6vxca  
     
Further company coverage:  ALYAG.IS  
 
($1 = 2.8714 liras) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))