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TKFEN - Tekfen Holding AS News Story

TRY17.03 -0.3  -1.4%

Last Trade - 04/03/21

Sector
Industrials
Size
Mid Cap
Market Cap £604.8m
Enterprise Value £518.2m
Revenue £1.13bn
Position in Universe 67th / 645

BRIEF-Tekfen Holding Decides To Merge Unit Tekfen Emlak Under Entity Of Unit Tekfen Insaat Due To Profitability Decrease In Real Estate Development Sector

Thu 19th September, 2019 2:43pm
Sept 19 (Reuters) - TEKFEN HOLDING AS  TKFEN.IS :
    * DECIDES TO MERGE 100% OWNED UNIT TEKFEN EMLAK GELISTIRME
WITH
99% OWNED UNIT TEKFEN INSAAT VIA TAKEOVER
    * SAYS OUR REAL ESTATE DEVELOPMENT ACTIVITIES WILL CONTINUE
UNDER
LEGAL ENTITY OF TEKFEN CONSTRUCTION

Source text for Eikon:  ID:nIKA3H39dJ 
Further company coverage:  TKFEN.IS 

 (Gdynia Newsroom)
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