Highest Bid For Tupras Privatization Made By Efremov KautschukZorlu Group
Turkeys Privatization Authority (PA) announced on 13 January that a consortium comprised of Efremov Kautschuk GmbH, a German petrochemical distributor, and Turkeys Zorlu Group had bid $1.302bn for 65.76% of Turkeys state-owned refinery, Turkiye Petrol Rafinerileri AS (Tupras). The sale must now by approved by the High Privatization Council, which is headed by Turkish Prime Minister...
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