Sunday, 4 January 2015

Ihlas Gazetecilik to buy 24 pct of Ihlas Haber Ajansi shares

Ihlas Gazetecilik :

* Said on Wednesday to buy 24 pct stake in Ihlas Haber Ajansi from its parent company Ihlas Holding

* Said buys 3.36 million shares at 6.91 lira per share totaling 23.2 million lira ($9.93 million)

* Amount of purchase will be deducted from receivables of Ihlas Holding

* After the purchase Ihlas Yayin Holding stake raised to 88.57 pct in its unit Ihlas Haber Ajansi from 75 pct

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