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))
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