06.10.2015, 18:21
Commercial Bank completes squeeze out process of its subsidiary in Turkey
OREANDA-NEWS. The Commercial Bank (“Commercial Bank”), holding 74.25% shares of Alternatifbank A.Ş, Turkey (the "Bank") and Anadolu Endüstri Holding A.Ş., holding 17.21% shares of the Bank, together with Anadolu Motor Üretim ve Pazarlama A.Ş. holding 7.79% shares of the Bank, have completed a formal squeeze out process. As a result Commercial Bank has acquired a further 0.75% shares of the Bank from the Bourse Istanbul, which takes the holding of Commercial Bank to 75%.
Post the completion of the squeeze out process the Bank shares have been delisted from the Bourse Istanbul.
Post the completion of the squeeze out process the Bank shares have been delisted from the Bourse Istanbul.
Комментарии