Turkish retailer Sok falls in market debut after raising $531 mln in IPO
ISTANBUL, May 18 (Reuters) - Shares of Turkish discount
retailer Sok Marketler SOKM.IS dipped in their market debut on
Friday, after the grocer raised $531 million in an initial
public offering.
Shares of Sok first started trading at 10.47 lira a share, a
slight discount to the IPO price of 10.5 lira. By 1005 GMT they
were down 2 percent at 10.28.
(Writing by David Dolan; Editing by Daren Butler)
((david.dolan@tr.com; +90 212 350 7046; Reuters Messaging:
david.dolan.thomsonreuters.com@reuters.net))
Recent news on Sok Marketler Ticaret
See all newsBrief: Sok Marketler Says Settlement In Competition Board Investigation Set At 29.9 Mln Lira With Early Payment Discount
Brief: Sok Marketler Q2 Loss Widens To 563.8 Mln Lira YoY
Brief: Sok Marketler Says It Proposes Not To Pay Cash Dividend For 2025
Turkish discount retailer Sok Marketler drops after Q1 profit miss
Brief: Sok Marketler Says It Decides To Merge With Wholly-Owned Subsidiary UCZ Magazacilik