Report
Berna Kurbay
EUR 104.93 For Business Accounts Only

BGC Partners: KCHOL SLIGHTLY POSIITIVE/YKBNK – S.NEGATIVE FOR SHORT TERM : Unicredit places ~12% of YKBNK …

Unicredit places ~12% of YKB after Koc Holding announces the completion of the KFS reorganization; YKBNK – short-term slightly negative, KCHOL – Value Accretive … Koc Holding announces that the parties involved have acknowledged that the conditions defined in the previously announced ‘YKB Share Sale and Purchase Agreement’ and ‘KFS Share Sale and Purchase Agreement’ have been fulfilled, along with the regulatory/legal approval of the authorities in the relevant jurisdictions.
Underlyings
Koc Holding A.S.

Koc Holdings is an investment holding company. Through its subsidiaries, Co. is engaged in the business of natural gas, marketing, petroleum shipping, liquefied petroleum gas, power generation, production and trading of petroleum products and mining in the energy sector, production, trading, insurance and car rental in the automotive sector, production and sales, procurement, research and developement in the consumer durables sector, consumer finance, banking, custody, financial consulting, leasing, brokerage, real estate and portfolio management and brokerage banking in the finance sector, and tourism, trading, technology, ship construction and foreign trade in the other sectors.

Yapi ve Kredi Bankasi A.S.

Yapi Ve Kredi Bankasi is a financial services group. Co. serves its customers through its retail banking segment comprising of individual banking, Small and Medium Size Enterprises banking and card payment systems, corporate and commercial banking as well as private banking and wealth management segments. Co.'s operations are supported by domestic subsidiaries in asset management, brokerage, leasing and factoring as well as international banking subsidiaries in the Netherlands, Russia and Azerbaijan. As of Dec 31 2014, Co. had total assets of TL194.96 billion and total deposits of TL107.63 billion.

Provider
BGC Partners
BGC Partners

BGC has been one of the major market players in Turkish OTC debt, FX and swaps markets since 1998.

We started offering corporate finance and investment banking services to our clients in 2013. We offer a complete range of financial services to help our clients achieve their goals. Our main areas of activity within investment banking are as follows:

  • Mergers & Acquisitions
  • Equity Capital Markets
  • Debt Finance & Advisory

Analysts
Berna Kurbay

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