Monday, July 21, 2014

Istanbul Seeking Finance Hub Status Grapples With Delistings - Bloomberg

Istanbul Seeking Finance Hub Status Grapples With Delistings
By Isobel Finkel and Constantine Courcoulas Jul 21, 2014 4:20 AM ET

Turkish companies with small free floats are applying to delist from the stock exchange as the government says it’s switching to an emphasis on quality over quantity in its ambitions to make Istanbul a financial center.

More:Istanbul Seeking Finance Hub Status Grapples With Delistings - Bloomberg