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Monday, August 21, 2017

Turkey Firms Ready $64 Billion Spending Spree to Leave Home - Bloomberg

Turkey Firms Ready $64 Billion Spending Spree to Leave Home
By Ercan Ersoy
and Asli Kandemir
August 21, 2017, 1:00 AM GMT+2 August 21, 2017, 10:42 AM GMT+2

Political turmoil, slower growth seen driving companies abroad
Bain expects more Turkish companies to invest in U.S., Europe

Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries.

More:Turkey Firms Ready $64 Billion Spending Spree to Leave Home - Bloomberg