Turkey's Sabanci to grow in familiar areas, CEO says

Teknosa Ic ve Dis Ticaret

25/06/2020 12:30

ISTANBUL, June 25 (Reuters) - Turkish conglomerate Sabanci
Holding is looking to familiar sectors like energy and cement as
it adjusts its simplified portfolio and seeks investment abroad,
its Chief Executive Cenk Alper said on Thursday.
    Sabanci is aiming to transform or exit some of its
businesses and will unveil a detailed long-term plan in August
or September, Alper said in a co-interview.  
    Making an investment in an unknown sector would be an
"adventure" during current risky period, he added. 

 (Reporting by Ceyda Caglayan and Ezgi Erkoyun; Editing by
Jonathan Spicer)
 ((ezgi.erkoyun@thomsonreuters.com; +90-212-350 7051; Reuters
Messaging: ezgi.erkoyun.thomsonreuters.com@reuters.net;))