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Fortenova sells agri unit to Podravka for 333 mln euro
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Turkey
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Fortenova sells agri unit to Podravka for 333 mln euro
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Turkey's Pegasus Airlines exits unit Izmirliler Otelcilik Yatirim Turizm

Dec 29, 2014, 12:21:49 PMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 29 (SeeNews) – Turkish low-cost air carrier Pegasus Airlines [BIST:PGSUS] said on Monday it has disposed off its 59.45% stake in local hotel and gas stations' operator Izmirliler Otelcilik Yatirim Turizm A.S.

Turkey's Pegasus Airlines exits unit Izmirliler Otelcilik Yatirim Turizm

Pegasus Airlines sold the stake for $750,000 (615,000 euro) to Turkish individual investors Kursat Pehlivanlı ve Cemil Direkci, it said in a bourse filing.

Pegasus Airlines also holds a 69% stake in local air transportation firm IHY Izmir Havayollari, a 49% stake in simulated flight training company Pegasus Ucus Egitim merkezi, 49% of Kyrgyz air transportation firm Air Manas Air Company, and has no indirect subsidiaries, according to information in its January-September activity report.

($ = 0.820 euro)

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Fortenova sells agri unit to Podravka for 333 mln euro
addedabout 13 hours ago
Fortis Energy buys 180 MW solar project in Serbia
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