Haci Ömer Sabanci Holding A.S. (IBSE:SAHOL) mulls sale of three cement factories. Sabanci Group is considering the sale of three of its cement factories, Kayseri, Nigde and Ladik, two sources close to the matter were quoted as saying by Reuters on July 19, 2018. The sources reportedly said industrial and financial conglomerate Sabanci had authorized Ünlü Menkul Degerler A.S. for the deal.

The three factories belong to Çimsa Çimento Sanayi ve Ticaret Anonim Sirketi (IBSE:CIMSA) and Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi (IBSE:AKCNS) units. Cimsa shares rose as much as 9.8% and Akcansa's as much as 6.7% on news of the potential deal.