VOL. XLVI
No 36
08-September-2003
TURKEY
Privatization Administration Invites New Bids For Petkim
Turkeys Privatization Administration (PA) has invited new bids for the states 88.86% stake in the Petkim petrochemical company. According to a report in IBS Energy Line, the PA has set a new deadline of 18 November. A previous tender had been awarded to Standard Kimya, which is owned by the Uzan family, but the PA canceled it when Standard Kimya failed to make a down payment on the $605mn sale by the...
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