"Turkey's Cukurova to sell media stake-sources
Thu Jul 19, 2007 6:28am ET140
By Emma Ross-Thomas
ANKARA, July 19 (Reuters) - Turkish conglomerate Cukurova plans to sell up to 50 percent of its print media and television assets and has hired JP Morgan for the sale, sources familiar with the deal said.
Cukurova is offering a minority stake in its print media assets, which include newspaper Aksam, television companies including entertainment channel Show TV, and pay-TV Digiturk, the sources said. One of the sources said four bidders had started due diligence."
More:Turkey's Cukurova to sell media stake-sources | Bonds News | Reuters.com
