Turkey’s Trabzonport public offering price set
ISTANBUL - Reuters
Turkey’s public offering market has gained momentum lately with planned large IPOs lined up for 2018. Foreign investor interest dimmed after the 2016 coup attempt, which caused some firms to postpone plans for listing.
Last year, private equity firm Turkven listed jeans retailer Mavi, a 1.17 billion lira floatation that was widely seen as a test of international demand. The shares have surged some 30 percent since its June listing.
Initial public offering of large firms like energy distributor Enerjisa and healthcare provider Medical Park as well as the stock exchange Borsa Istanbul are planned to be completed this year.