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TKFEN.E — Tekfen Holding News Story

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Tekfen Holding says no legal action taken against its assets amid Can Holding probe

ISTANBUL, Sept 11 (Reuters) - Turkey's Tekfen Holding said on Thursday it was not subject to any legal measures after prosecutors ordered the seizure of assets belonging to media-to-education group Can Holding under an ongoing investigation.

In a statement, Tekfen said it was informed through media reports that the prosecutor's office had appointed the Savings Deposit Insurance Fund (TMSF) as trustee over 121 companies linked to Can Holding.

Tekfen said Can Holding subsidiaries hold a combined 17.56% stake in Tekfen, but said no action had been taken against those shares or Tekfen's corporate entity.

 (Reporting by Canan Sevgili in Gdansk; Writing by Ezgi Erkoyun; Editing by Daren Butler)

 ((ezgi.erkoyun@thomsonreuters.com; +90-212-350 7051; Reuters Messaging: ezgi.erkoyun.thomsonreuters.com@reuters.net;))

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