A-Brands - Turkey

Turkey’s Yildiz Holding Owner Said To Agree Debt Plan

Yildiz Holding AS, the global sweets company owned by Turkey’s richest man, agreed with the bank that’s representing creditors on terms to refi...

Turkey’s Yildiz Asks Banks For Up To $7 Billion In Restructuring

Yildiz Holding, owner of companies including Godiva Chocolates and United Biscuits, requested the largest loan ever from Turkish banks, citing difficulties...

Godiva Owner Is Said To Pick BofA, JPMorgan For Grocery IPO

The owner of Godiva chocolates hired four advisers for an initial public offering of its Turkish discount-grocery unit that could raise about $800 million,...

Ajinomoto Takes Full Control Of Turkey's Kükre

Japanese food conglomerate Ajinomoto has announced that it has acquired an additional 50% of the stock of Kükre A.Ş., with the Turkish business now be...

Turkish Chocolatier Sinks On April Fools' Day Ad Deemed Unfunny

Shares in the sister company of Godiva Chocolatier Inc. plunged in Istanbul after an April Fools’ Day-themed commercial went wrong. The confection...

Turkey's Yildiz Holding Tumbles On Speculation It’s Next For Erdogan Purge

The listed units of one of Turkey’s biggest holding companies sank after a column in a local newspaper fueled speculation that it will be caught up i...

Mideast Stocks Shrug Off Turkey Coup As Almarai Rises On Profit

Most Gulf stock indexes rose, even after an attempted coup to overthrow the Turkish government that began on Friday rattled global markets. Saudi Arabia...

Owners of Largest Turkish Dairy Maker Plan Share Sale in May

The Turkish owner of Godiva chocolates and other partners plan to sell shares in Turkey’s biggest dairy producer next month in a deal they say will v...

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