Turkish Billionaire Sahenk Holds Asset-Sale Talks [Bloomberg Business News]
Banco Bilbao Vizcaya Argentaria S.A. (BBVA)
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Source: Bloomberg Business News
By Kerim Karakaya More stories by Kerim Karakaya and Ercan Ersoy Updated on Restaurant, entertainment, shopping holdings under discussion Sahenk’s Dogus Holding seeks sales to reduce its debt Turkish billionaire Ferit Sahenk is in talks with investors to sell assets including entertainment and restaurant businesses and may strike deals over coming weeks, according to people with knowledge of the matter. Sahenk’s Dogus Holding AS may sell either a stake or some of the operations of Dogus Restaurant Entertainment and Management, or D.ream, said two of the people, who asked not to be identified because the plans are private. The goal is to simplify the sprawling investment firm and reduce debt, two people said. Singapore state investment companies Temasek Holdings Pte. and GIC Pte. are among those considering buying a stake in D.ream
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