Ebru Tuncay
Stories by Ebru Tuncay
Turkish quick delivery company Getir to buy rival Gorillas in $1.2b deal
The purchase price is down from the $3 billion mooted in September last year, per an FT report.
Tata Group’s pick for Air India CEO role declines offer
The plan to appoint Turkey's Ilker Ayci as the airline's chief had run into opposition.
China’s Alibaba invests $350m in Turkey’s Trendyol in capital increase
Alibaba, which purchased Trendyol in 2018, increased its stake to 86.5% after the transaction.
Burger King’s China franchisee said to hire Citi for stake sale
The potential deal which could fetch at least $200 million.
Indian tool maker JK Files said to be in talks to acquire Turkish firm
Based on Tuesday's closing stock price, the stake in Makina Takim is worth roughly 225 million lira ($39.8 million).
Franklin Templeton, Actera said to be eyeing Abraaj’s Turkey funds
US investment group Colony Capital has agreed to buy Abraaj’s PE business in Latin America, while TPG has taken control of its $1-billion healthcare
Singapore’s Temasek buys stake in Salt Bae restaurant owner at $1.2b valuation
Nusr-Et steakhouse owner D.ream said Temasek and Metric Capital had paid $200 million for a 17% holding.
China’s GSR Capital signs $4.5b battery deal with Turkey’s Zorlu Holding
GSR Capital had earlier bought the electric battery business from Nissan Motor Co for an undisclosed sum in August 2017.
