Wednesday, November 16, 2005

Turkey's historic privatization complete

The largest privatization in Turkish history was finalized on Monday at a signing ceremony in Ankara. The Saudi Oger led consortium won a 55% stake in state-owned fixed line operator Turk Telekom with its $6.55 billion bid back in July this year, and with the signing on Monday the deal is now officially complete.

Read the whole story on Turks.US

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