Saturday, January 23, 2010

British banks hired to help list Turkish gold firm in Istanbul - Business News, Business - The Independent

"British banks hired to help list Turkish gold firm in Istanbul

By Mark Leftly

The company, which owns the Ovacik mine near Turkey's Aegean coast, has shunned a London listing in favour of Istanbul stock exchange. But JP Morgan Cazenove has been hired to attract potential investors
in London and internationally. The company had intended to list in London, until the plans were pulled in the wake of the credit crisis. Merrill Lynch and UBS were advising until management decided against the move in 2008."

More:British banks hired to help list Turkish gold firm in Istanbul - Business News, Business - The Independent