US EditionPetkim Sells Entire Stake in PETLİM to SOCAR for $29.9 Million
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Petkim Sells Entire Stake in PETLİM to SOCAR for $29.9 Million
Petkim has officially sold its entire stake in its port operations subsidiary, Petlim Limancılık Ticaret AŞ (PETLİM), to SOCAR Aliağa Liman İşletmeciliği AŞ (SOCAR Terminal). According to the company’s statement on the Public Disclosure Platform (KAP), the deal has been finalized, with Petkim receiving $29.91 million in cash after net debt deductions. Deal Reflects Strategic Shift Toward Core Business Petkim held a 93.47% stake in PETLİM. The to…
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