Turkish Halk insurance units privatisation tender details unveiled
15.02.2015
Turkey´s Official Gazette on Monday published details of block sale privatisation tenders for state-owned lender Halkbank´s Halk Sigorta and Halk Hayat ve Emeklilik units, with a bids deadline of April 24.
Advertisements for the Privatisation Administration (OIB) tenders said they would be for a block sale of 93.49 percent stake in insurance company Halk Sigorta and 90 percent in the life insurance and pensions unit, or 100 percent if there is sufficient demand.
