Yıldız Holding to Sell Historic Adapazarı Sugar Factory to Bor ŞEker
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2 Articles
Yıldız Holding to Sell Historic Adapazarı Sugar Factory to Bor Şeker
ISTANBUL — Turkish food giant Yıldız Holding has signed a preliminary agreement to sell the historic Adapazarı Sugar Factory to Bor Şeker, marking a major shift in the group’s industrial operations. According to a disclosure made to the Public Disclosure Platform (KAP), the parties signed a preliminary protocol for the transfer of shares of Adapazarı Sugar Factory, which has been operated by Yıldız Holding since 2013. The financial details of th…
The process for the transfer of shares in Adapazarı Sugar Factory, a subsidiary of Yıldız Holding, to Bor Şeker has officially begun. Negotiations, kept secret since January to protect investors, were announced to the public once uncertainties were resolved.
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