BC Partners cuts Migros Ticaret stake to 23%

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BC Partners cuts Migros Ticaret stake to 23%

Aidan Gregory
November 22, 2017 05:00 pm
Turkey PA 230 x150
A balloon with a Turkish flag is seen at Anitkabir, the Mausoleum of modern Turkey's founder and first president Mustafa Kemal Ataturk, as Turkish citizens celebrate the 94th anniversary of the Republic Day in Ankara, Turkey on October 29, 2017. (Photo by Altan Gocher/NurPhoto/Sipa USA) | NurPhoto/SIPA USA/PA Images

Shares in Migros Ticaret, one of the biggest supermarket chains in Turkey, fell 8.5% on Wednesday after BC Partners sold a 7.3% stake in the company in a block trade on Thursday night. The shares fell another 3.5% on Thursday.

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Central and Eastern Europe (CEE)TurkeyJP MorganEquityABBs-Block TradesEuropeEmerging MarketsCEE EquityEMEACEEGoldman Sachs
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