Turkish investor Okullu raises stake in Petkim petrochem

Petkim Petrokimya Holding

24/02/2021 06:55

ISTANBUL, Feb 24 (Reuters) - Investor Cem Okullu said he
increased his stake in Turkish petrochemical company Petkim
 PETKM.IS  to 10.65% from 5.57% on Tuesday after purchasing
128.6 million shares.
    Okullu, who made the statement to the Istanbul stock
exchange, is now the second largest shareholder of Petkim after
SOCAR which holds 51%, according to the bourse's website.
    Petkim shares were worth 5.43 lira at Tuesday's close, up
6.1% on the day. 

 (Reporting by Can Sezer and Birsen Altayli;
Writing by Ezgi Erkoyun; Editing by Jonathan Spicer)
 ((ezgi.erkoyun@thomsonreuters.com; +90-212-350 7051; Reuters
Messaging: ezgi.erkoyun.thomsonreuters.com@reuters.net;))