VOL. XLVI
No 27
07-July-2003
TURKEY
Turkey Accepts $605Mn Privatization Bid For Petkim
Turkeys Privatization Administration has accepted a bid of $605mn for an 88.86% stake in the state-owned petrochemical company Petkim by Standard Kimya, which is owned by the Uzan family. The sale of Petkim forms part of government efforts to reform the economy in line with recommendations made by the International Monetary Fund (IMF). Turkey hopes to earn some $4bn during the year by privatizing state-owned...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!