Digitürk sale moves closer

Satellite TV News 8/27/2013

DigiturkThe Savings Deposit Insurance Fund of Turkey (TMSF) is understood to be close to initiating a tender for the sale of Digitürk.
According to local and agency reports, the TMSF and Çukurova Holding are in fact looking at several options, including a direct sale or a tender.
The TMSF took control of Digitürk and several other assets belonging to the financially troubled Çukurova Holding back in May.
Since then, it has sold two TV interests – Show TV and Sky 360 TV – to Ciner and a consortium composed of the Turkish companies Kolin, Limak and Cengiz, in the former instance for TRY402 million (€153 million).
Digitürk has already attracted interest from a number of companies including Türk Telekom and D-smart.

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