Sabanci of Turkey mandates banks to sell 25 pct stake in unit Kordsa

Kordsa Teknik Tekstil

09/04/2015 06:35

ISTANBUL, April 9 (Reuters) - Turkish conglomerate Sabanci 
Holding  SAHOL.IS  said on Thursday it has mandated banks for a 
stake sale in its industrial cord maker Kordsa  KORDS.IS . 
    Sabanci mandated Deutsche Bank, UBS and Istanbul-based Ak 
Securities to sell a 25 percent stake in Kordsa to qualified 
institutional investors, according to a filing with the stock 
exchange. 
 
 (Reporting by Ayla Jean Yackley; Editing by Kim Coghill) 
 ((ayla.yackley@thomsonreuters.com; +90 212 350 7000; Reuters 
Messaging: ayla.yackley.thomsonreuters.com@reuters.net)) 
 
Keywords: KORDSA SALE/