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Monday, November 28, 2011

Verbund, Sabanci Set Up Energy Unit to Own Turkey Ventures - Bloomberg

Verbund, Sabanci Set Up Energy Unit to Own Turkey Ventures

By Ercan Ersoy - Nov 28, 2011 11:02 AM ET

Verbund AG (VER) and Haci Omer Sabanci Holding AS (SAHOL) plan to set up a jointly-owned company to own all of the partners’ energy ventures in Turkey, according to a statement to the Istanbul Stock Exchange today.

More:Verbund, Sabanci Set Up Energy Unit to Own Turkey Ventures - Bloomberg