9/24/2008

PHC approved the privatization plan of $2 billion

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Reuters – Privatization High Council (PHC) has approved the sale of Baskent and Sakarya Electricity Distribution companies whose total value is approximately $2 billion, as well as the transfer of operational right for Bandirma and Samsun ports. As a result, there remained no obstacle on the way to the transfers related to these sales.

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