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Monday, May 12, 2008

Turkey Raises $1.9 Billion in Turk Telekom IPO

"Turkey Raises $1.9 Billion in Turk Telekom IPO (Update1)

By Firat Kayakiran

May 12 (Bloomberg) -- Turkey raised 2.42 billion liras ($1.9 billion) in the initial public offering of a 15 percent stake in fixed-line phone company Turk Telekomunikasyon AS, making it the country's biggest IPO."

More:Bloomberg.com: Worldwide