Independent journal on economy and transport policy
02:18 GMT+1
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To Goldman Sachs 30% of the Petlim, society that the new Turkish port of Petkim constructs
the investment piles to 250 million dollars
December 22, 2014
The Turkish group SOCAR Turkey Enerji AS (STEAS) has confirmed that the group Goldman Sachs International (GS) has given keeps on the preliminary agreement last July undersigned ( on 22 July 2014) acquiring 45 million common stocks of the Petlim Limancilik ve Ticaret, that they correspond to 30% of the entire capital stock of the branch of the STEAS, for 250 million dollars.
Moreover GS has a right of option with the STEAS, exercisable over seven years, that it previews that GS among other things backs beforehand 50 million dollars to the STEAS. To the exercise of option STEAS it will acquire from GS the total actions for 300 million dollars.
Petlin is constituted in 2010 with the objective to construct new the great Turkish port of Petkim on the Aegean Sea ( on 13 February 2012).
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