Telia sells a 7% stake in Turkcell as it takes further steps to exit Eurasia
Telia has placed close to 7% of its Turkcell holdings on the market to fetch some TL1.775bn (US$500m) as it continues ...
Tag: Cukurova
Çukurova: LetterOne violating London arbitration on Turkcell stake sale
Turkish conglomerate Çukurova is accusing rival Turkcell shareholder LetterOne (L1) of violating a court ruling by not buying out its ...
Telia injunction blocks Fridman from taking control of Turkcell
Russian billionaire Mikhail Fridman is legally unable to stop the Turkcell dispute because his investment business LetterOne (L1) cannot buy the shares from rival ...
VTB to invest in Turkcell alongside Alfa Group ahead of potential resolution to shareholder dispute
Russia’s VTB Group has inked an agreement with local billionaire Mikhail Fridman’s Alfa Group to jointly invest in Turkcell with a view ...
L1 claims victory in London tribunal over Turkcell dispute
A London arbitration tribunal has ruled in favour of Russian billionaire Mikhail Fridman’s investment business LetterOne (L1), saying it was ...
BeIN’s Digiturk takeover gets regulatory consent
The protracted sale of Turkish DTH firm Digiturk is nearing completion after Turkey’s Savings Deposit Insurance Fund, or TMSF, approved the takeover plan ...
Turkcell offers US$500m bond
Turkcell’s management went on an investor roadshow in Europe and the US in September to showcase the company's development and ...
Fridman’s LetterOne launches US$16bn telco fund
LetterOne, the investment firm chaired by Russian billionaire Mikhail Fridman, has set up LetterOne Technology (L1T), a US$16bn fund that will ...
Cukurova asks London court for approval to buy Alfa’s Turkcell shares
Turkey’s Cukurova Holding has reportedly applied to a London arbitration court for permission to acquire an indirect stake of 13.2% in Turkcell ...
Turkcell shareholders agree dividend payout at first AGM in five years
Turkcell shareholders have approved a TRY3.925bn (US$1.5bn) dividend payment at the mobile operator’s first AGM since 2010, preventing the country’s ...
