Business

Turkish Airlines has applied for a merger with its subsidiary real estate company

Turkish Airlines applied to the Capital Markets Board for approval of its merger with THY Airport Real Estate Investment and Management Joint Stock Company, of which it is a shareholder.

Turkish Airlines (THY) has applied to the Capital Markets Board (CMB) for approval to merge with THY Airport Real Estate Investment and Management Joint Stock Company, of which it is a 100% shareholder.

In the statement made to the Public Disclosure Platform (KAP), “An application was made to the CMB on 28 April for approval of the merger with THY Airport Real Estate Investment and Management Joint Stock Company, of which our partnership is 100%, in the facilitated procedure by takeover, which is regulated in accordance with the provisions of the facilitated merger.”

In the statement, it was noted that there would be no change in THY’s capital due to the merger.

Source: NTV / Translated by Irem Yildiz

Leave a Reply

Your email address will not be published.

Back to top button