Pinar Su said in a bourse filing that it had sold the stake to meat products and ready-cooked foods maker Pinar Entegre Et ve Un Sanayii [BIST:PETUN]. Pinar Su and Pinar Et are both controlled by diversified group Yasar Holding.
In a separate bourse filing on Wednesday, Pinar Et said its stake in Yasar Birlesik Pazarlama has increased to 42.78% after the transaction.
The other shareholders in Yasar Birlesik Pazarlama are dairy firm Pinar Sut, with a stake of 31.82%, Yasar Holding, with 22.48% stake, and others.
(1 euro = 2.9083 Turkish lira)