Aptec Holdings Ltd signed a share sale agreement to acquire 57.94% stake in Armada Bilgisayar Sistemleri Sanayi ve Ticaret AS (IBSE: ARMDA) from Mustafa Sulhi Guven, Ahmet Ziyaeddin Turkes, Alvi Mazon, Ahmet Umur Serter and Fatma Ece Serter for $24.3 million.
Caner Elmas, Sertac Kokenek, Muhsin Keskin and Birturk Aydin of Esin Attorney Partnership and Sunny Mann, Gordon Low, Maria Boccardo, Tracey Akerman and Raoul Parekh of Baker & Mckenzie LLP, London acted as legal advisor and Raiffeisen Investment Turkey acted as financial advisor for Aptec Holdings Ltd.