Çukurova Group
Expected arbitration ruling plays role in Russian Alfa's decision to sell Turkcell stakes: Sources
A possible ruling in favor of Turkey's Çukurova Holding by a U.K.-based arbitration court has played a significant role in a recent decision by the company's Russian partner in Turkcell, Alfa Telecom, about selling its Turkcell stakes, sources told daily Hürriyet.
Ziraat Bank is expected to play a key role in the transaction, added sources.
Digiturk sale to Al Jazeera subsidiary not over: State body
Turkey's Competition Board has approved the sale of Digiturk to Qatari beIN Media Group, but the state fund that runs the pay TV platform said the bargaining process was still continuing.
Alfa Telecom applies to take indirect control of Turkcell from Turkey's Çukurova
Russia?s Alfa Telecom has applied to Turkey?s Competition Board to take indirect control of leading Turkish mobile phone operator Turkcell from Çukurova Holding, the latest step in a long-running battle for control of the company.