Turkey Wealth Fund Moves to Acquire Control of Turkcell
Posted on 06/18/2020
The Turkey Wealth Fund (TWF) claimed to agree to acquire 26.2% of shares in Turkcell Iletisim, a mobile phone operator in Turkey. The Turkey Wealth Fund is buying the stake in Turkcell in a series of agreements from Swedish telecommunications company Telia. The sales price for the total 26.2% stake is for US$ 530 million. […]
