SASA Polyester stock down more than 8% after stake sale

SASA Polyester Sanayi

13/12/2023 07:00

ISTANBUL, Dec 13 (Reuters) - SASA Polyester  SASA.IS 
shares fell by more than 8% on Wednesday after Erdemoglu Holding
announced it had sold 135 million shares of the Turkish company
to investors for about $200 million. 
    The shares involved in the sale equalled about 2.5% of
SASA's shares, it said.
    
   

 (Reporting by Burcu Karakas; Editing by Jonathan Spicer)
 ((Burcu.Karakas@thomsonreuters.com;))