3/17/2008

Turkey's competition authority approves sale of Migros shares

The New Anatolian - Turkey's competition board approved the sale of a part of the shares of Migros, the country's largest retail chain, to Moonlight Capital S.A. Moonlight Capital S.A., controlled by London-based private equity firm BC Partners, agreed with Turkey's Koc Holding last February to buy 50.8 percent of the Migros shares for 3.2 billion euros.

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