Enerjisa Uretim Eyes Foreign Investor Interest for Possible IPO [Financial Post (Toronto, Ontario, Canada)]
E.ON SE S/ADR (EONGY)
NASDAQ:AMEX Investor Relations:
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Source: Financial Post
Enerjisa Enerji Uretim AS, the conglomerate's energy group head Kivanc Zaimler said, without giving a timeline. Author of the article: (Bloomberg) — Sabanci Holding is looking for an increase in foreign investments in Turkey for a potential initial public offering of its energy joint venture Enerjisa Enerji Uretim AS, the conglomerate's energy group head Kivanc Zaimler said, without giving a timeline. A possible IPO of Enerjisa Uretim, equally owned by by E.ON SE and Haci Omer Sabanci Holding AS, would be subject to shareholder approval, Zaimler said in an interview on Friday in Davos where he is attending the World Economic Forum. Article content Article content Enerjisa has a “healthy growth trajectory” for the next five years after completing its operational and financial transformation including in electric and carbon trade, Zaimler said. “It is an attractive story of growth and cash,” he said, predicting a valuation above $4 billion. “International institutional inv
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