All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Emlak plans $1.8bn SPO

Turkish state-backed property developer Emlak Konut said that it is planning a 50% expansion of its share capital in a deal that could be worth around T3.25bn ($1.8bn), it said on Friday. Bankers said they expect a formal public tender process to mandate banks for the deal. The international tranche of the company’s November 2010 IPO was led by UniCredit.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree