Doğan Holding signs preliminary protocol to sell book, music retailer D&R to Turkuvaz
In a statement to the Public Disclosure Platform (KAP) on April 13, Doğan Holding said the total amount would be paid in cash when the final agreement is signed.
D&R, founded in 1996, offers a unique service in hobby and culture retailing across a wide geographic area, its website said. There are 157 D&R stores in 30 provinces across Turkey.
The protocol came days after Doğan Holding sold its leading visual and print media components to Demirören Holding for a total value of $916 million.