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Turkey’s SASA sells 51% of its shares to Erdemoglu Holding

by ChemOrbis Editorial Team -
  • 14/01/2015 (18:49)
According to a statement on Turkey’s Public Disclosure Platform (KAP), Turkey’s Polyester Sanayi AS (SASA) signed a share purchase agreement with Erdemoglu Holding on January 13 in which Erdemoglu will acquire 51% of the shares in SASA.

Thailand’s Indorama had previously shown in interest in acquiring a majority stake in SASA, although the deal was ultimately not concluded.
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