2/2/2009

Emaar Properties of UAE boosts stake in Emaar Türkiye to 100 percent

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Bloomberg - Emaar Properties PJSC, the biggest publicly traded real-estate developer in the United Arab Emirates (UAE), said it bought a 40 percent stake in Emaar Türkiye held by Cihan Kamer, the Chairman of the Atasay Group. The purchase boosted Emaar’s stake in Emaar Türkiye to 100 percent, the Dubai-based company said in a statement posted on the Dubai Financial Market web site.

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