Friday, July 28, 2006

Turbulence in Turkish economy hits deals, to stall IPOs - Turkish Daily News Jul 28, 2006

"Turbulence in Turkish economy hits deals, to stall IPOs
Friday, July 28, 2006

A slide in the lira along with rate hikes have helped scupper at least two acquisitions in Turkey and prompted renegotiation of others. According to bankers, Istanbul is unlikely to see more IPOs before 2007."

More:Turbulence in Turkish economy hits deals, to stall IPOs - Turkish Daily News Jul 28, 2006