"Turkish Businesses Unite to Block Sale of Erdemir to Foreigner
July 14 (Bloomberg) -- Turkish politicians and trade unions who oppose the sale of the national steel company to a foreigner are getting support from a group of local businessmen.
As many as two dozen Turkish companies, including Cemtas Celik Makina Sanayi & Ticaret As are planning a joint bid for Eregli Demir & Celik Fabrikalari TAS, or Erdemir, which had 4.4 billion liras ($3.3 billion) in annual sales. The government is set to announce a shortlist of potential buyers today."
More:Bloomberg.com: Turkish Businesses Unite to Block Sale of Erdemir to Foreigner
