Brief: Kartonsan Says Its Controlling Shareholders Signs Share Purchase Agreement To Sell Their Combined 77.21% Stake For $72 Million

Kartonsan Karton Sanayi ve Ticaret

07/07/2026 07:17

July 7 (Reuters) - KARTONSAN KARTON SANAYİ VE TİCARET  KARTN.IS:
ITS CONTROLLING SHAREHOLDERS HAD SIGNED A SHARE PURCHASE AGREEMENT TO SELL THEIR COMBINED 77.21% STAKE IN THE COMPANY TO HASAN PEKER AND AYDIN VELI SERIN FOR $72 MILLION, SUBJECT TO CUSTOMARY CLOSING ADJUSTMENTS
PAK HOLDING, ASIL HOLDING AND PAK GIDA URETIM VE PAZARLAMA SIGNED THE AGREEMENT ON JULY 6 FOR THE SALE OF SHARES WITH A TOTAL NOMINAL VALUE OF 57.91 MILLION LIRA, REPRESENTING 77.21% OF KARTONSAN'S PAID-IN CAPITAL OF 75 MILLION LIRA
UNDER AGREEMENT, HASAN PEKER WILL ACQUIRE A 38.605% STAKE, CORRESPONDING TO SHARES WITH A NOMINAL VALUE OF 28.95 MILLION LIRA, WHILE AYDIN VELI SERIN WILL ACQUIRE AN IDENTICAL 38.605% STAKE, ALSO REPRESENTING SHARES WITH A NOMINAL VALUE OF ABOUT 28.95 MILLION LIRA
THE TRANSACTION IS SUBJECT TO THE FULFILMENT OF ALL CLOSING CONDITIONS SET OUT IN THE SHARE PURCHASE AGREEMENT
DISCLOSURES REGARDING THE MANDATORY TENDER OFFER PROCESS REQUIRED UNDER TURKEY'S COMMUNIQUÉ ON MANDATORY TENDER OFFERS WOULD BE MADE AFTER THE SHARE TRANSFERS ARE COMPLETED AND FINALISED

        
 Source text: nIKA2BLvn9
 Further company coverage: KARTN.IS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))