US EditionPublished • loading... • Updated
Mubadala Exits Turkish Car Rental Unit Getir Arac in Sale to Tiktak
Summary by Gulf Business
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
Mubadala unit sells 75% stake in Turkish car rental business
Getir, the Turkish grocery delivery startup backed by the UAE’s Mubadala Investment Co, has sold its 75 percent stake in short-term car rental company Getir Araç to Turkey’s TikTak New Generation Transportation Solutions and Car Rental. Celik Motor, a subsidiary of Borsa Istanbul-listed Anadolu Group, also sold its 25 percent stake to TikTak, for $5.5 million. No financial terms of Mubadala’s stake sale were disclosed, although Mubadala is repor…
Mubadala exits Turkish car rental unit Getir Arac in sale to Tiktak
The move follows a tussle for control of the Turkish firm between Mubadala and Getir's founders linked to competing restructuring plans The post Mubadala exits Turkish car rental unit Getir Arac in sale to Tiktak appeared first on Gulf Business.
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
