"Turkish economic patriotism threatens KKR deal Catherine Craig 18 Sep 2007 The chairman of Turkish freight shipping company UN Ro-Ro has warned against a takeover of the firm by US buyout house Kohlberg Kravis Roberts in an early sign of hostility to the asset class in the EU accession state.
Saffet Ulusoy told Istanbul-based daily newspaper Milliyet a recommended €910m ($1.3bn) takeover by the buyout house could pose a threat to national security during times of war. Ulusoy added that the Turkish military also opposes the sale."
More:Financial News and Information from Financial News Online US
