Çukurova Holding

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.  

Qatari company completes acquisition of Turkish pay-tv during emir's visit

Qatari media group beIN has completed the takeover of Turkish satellite network and pay-tv provider Digitürk, a statement from the company said late on July 13, while Qatari Emir Tammim bin Hamad al-Thani met and conferred with Turkish President Recep Tayyip Erdo?an behind closed doors in Istanbul.