VOL. XLVI

No 4

27-January-2003

TURKEY

Turkeys Privatization Administration Tenders 51% Of Petkim

Turkeys Privatization Administration has announced that 51% of the state-owned petrochemical company Petkim will be sold through a block sale. A statement on 20 January said the sale tender would be carried out on the basis of negotiations after the receipt of bids, the deadline for which was 2 April 2003. Bidders are required to deliver a confidentiality agreement and pay a $5,000 non-refundable...