An Ankara court has blocked the Turkish government's privatization of refining and petrochemicals company Tupras (Kocaeli, Turkey) following a legal challenge by a petroleum workers' trade union. The government agreed earlier this year to sell its 65.67% stake in Tupras to a consortium of Zorlu Holding (Istanbul) and a subsidiary of Tatneft (Almetyevsk, Russia), for $1.3 billion (CW, Feb. 18, p. 5). The planned …
No comments:
Post a Comment