07
Dec
14:44
Turkish regulator clears Ozbal Celik acquisition
Turkey’s competition authority has approved the acquisition of Turkish pipemaker Ozbal Celik Boru by local investment firm Erciyas Holding, the parent company of sector player Erciyas Celik Boru.
Erciyas Holding will purchase 51% of Ozbal Celik’s shares from its controlling shareholders, the latter says in a bourse filing seen by Kallanish. Ozbal Celik announced the acquisition agreement in November.
Both Ozbal Celik and Erciyas Celik Bo…
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