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Wednesday, May 02, 2007

Citigroup to buy shares in Boyner, Beymen Citigroup - Turkish Daily News May 02, 2007

"Citigroup to buy shares in Boyner, Beymen Citigroup
Wednesday, May 2, 2007

Venture Capital International (CVCI) will purchase 30 percent of Boyner and 50 percent of Beymen department stores. The talks following the letter of intent has been signed Februry 12, have been finalized. The total value of the Boyner department stores is set at $153,8 million for the purchase, while Beymen's is set at $252 million. ISTANBUL- Anatolia news agency "

More:Citigroup to buy shares in Boyner, Beymen Citigroup - Turkish Daily News May 02, 2007