goetzpartners advised Ihlas Yahin hold. in the sale of a majority stake in TGRT

Corporate Finance
24. Juli 2006

goetzpartners announced today that it advised Ihlas Yahin Holding in the sale of a majority stake in TGRT to News Corporation and Ahmet Ertegün. The purchase price for the 56.5% share is US$ 82 million (YTL 127 million). The transaction is subject to conditions which include obtaining the necessary government approvals.

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