Thursday, July 19, 2007

Turkey's Cukurova to sell media stake-sources

(Reuters) - Cukurova is offering a minority stake in its print media
assets, which include newspaper Aksam, television companies
including entertainment channel Show TV, and pay-TV Digiturk,
the sources said. One of the sources said four bidders had
started due diligence.




"They are making a holding structure including Digiturk,
Aksam and Show TV and the other newspapers and magazines, and
they are offering that," said the second source, who declined to
be named. "They are selling up to 50 percent of it."


Read more at Reuters.com Mergers News

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