December 31, 2019 BY Valentina Kirilova
EBRD sells its 10% stake in Borsa Istanbul
The European Bank for Reconstruction and Development (EBRD) has announced today that it has sold its 10 per-cent stake in Borsa Istanbul. The EBRD had been a shareholder in Turkey's sole exchange since December 2015. The Turkish Wealth Fund has bought EBRD's 10% stake in Borsa Istanbul, raising its stake in the stock exchange to 90.6%.…
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