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Tuesday, January 11, 2011

RodiMood of Turkey Seeking Outside Partner, Adviser Daruma Says - Bloomberg

"RodiMood of Turkey Seeking Outside Partner, Adviser Daruma Says
By Ercan Ersoy - Jan 11, 2011 5:46 PM GMT+0200

RodiMood, a Turkish casual-clothing retailer, is seeking partners from outside the country, the company’s financial adviser Daruma Corporate Finance said.

The company may sell a stake to a foreign investor this year, said Ozkan Yavasal, partner at Daruma, the Istanbul-based adviser for mergers and acquisitions valued at $50 million and $150 million. Investors from the Persian Gulf, Asia and Europe are interested, he said in an interview yesterday. "

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