Brief: Is Bankası Says It Is No Longer Possible To Finalize Partial Facilitated Demerger Of Some Subsidiaries Within Legal Period Up Until Aug 31

Turkiye Is Bankasi

22/07/2024 06:32

July 22 (Reuters) - TÜRKİYE İŞ BANKASI  ISCTR.IS :
    * SAID ON FRIDAY IT IS NO LONGER POSSIBLE TO FINALIZE THE
PARTIAL
FACILITATED DEMERGER OF SOME SUBSIDIARIES THROUGH ASSOCIATE
MODEL WITHIN LEGAL PERIOD UP UNTIL 31 AUGUST
    * FOLLOWING THIS DATE, IT WILL BE FURTHER EVALUATED WHETHER
A NEW
APPLICATION IS TO BE MADE, TAKING INTO ACCOUNT EVALUATIONS FROM
RELEVANT INSTITUTIONS
    * THESE SUBSIDIARIES AND AFFILIATES ARE SISECAM, TSKB, TSKB
GAYRIMENKUL YATIRIM ORTAKLIGI, IS YATIRIM MENKUL DEGERLER, IS
GAYRIMENKUL YATIRIM ORTAKLIGI, ANADOLU HAYAT EMEKLILIK, IS
FINANSAL KIRALAMA, ANADOLU SIGORTA, IS YATIRIM ORTAKLIGI, IS
GIRISIM SERMAYESI YATIRIM ORTAKLIGI

        
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