Press Releases for Turkey

Surfshark Partners with dLocal to Power Its Global Expansion Across Africa, Asia, and Latin America

The partnership will enable the leading VPN provider to offer localized payments to customers in 13 new countries as part of the company’s overall growth strategy 14/12/2021 — MONTEVIDEO, Uruguay […]

Mat Africa, Argentina, Asia Pacific, Brazil, Central America, Chile, Colombia, Ecuador, Egypt, Europe, India, Indonesia, Mexico, Morocco, Peru, South Africa, South America, Turkey, Uruguay

The Rohatyn Group Completes Exit From Turkish Retailers Beymen and Boyner

The Rohatyn Group (“TRG”), a leading emerging markets asset management firm, today announced that Fennella Sarl, controlled by TRG Growth Fund II, has completed its final exit from Beymen Mağazacılık A.Ş. (“Beymen”) and Boyner Büyük Mağazacılık A.Ş. (“Boyner”) to Boyner Perakende ve Tekstil Yatırımları A.Ş (“BRTI”), a company controlled by the Boyner Group. Both retail companies had been portfolio companies of Citi Venture Capital International (“CVCI”), which TRG acquired from Citigroup Inc. in 2013.

Mat Europe, North America, Turkey, United States

ADM Expands its Corn Processing Footprint with Acquisition of Facilities in Bulgaria and Turkey, and Increase of Ownership in Hungary Facility

Archer Daniels Midland Company (NYSE: ADM) today announced an agreement to purchase several assets of Eaststarch C.V., ADM’s 50-50 joint venture with Tate & Lyle (LSE: TATE). Under the terms of the agreement, ADM will take full ownership of corn wet mills in Bulgaria and Turkey, and will own a 50 percent stake in a wet mill in Hungary. Tate & Lyle will receive a cash consideration of ˆ240 million, subject to customary closing adjustments, including for net cash and working capital, and take full ownership of the Eaststarch facility in Slovakia.

Mat Bulgaria, Europe, Hungary, North America, Turkey, United States