CarrefourSA Carrefour Sabanci Ticaret Merkezi A.S. signed an agreement to acquire an 85% stake in Kiler Alisveris Hizmetleri Gida Sanayi ve Ticaret Anonim Sirketi from Denge Reklam, Sevgül Kiler, Hikmet Kiler, Nahit Kiler, Vahit Kiler, Ümit Kiler and Killer Holding Anonim Sirketi for approximately TRY 430 million.
May 14, 2015
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CarrefourSA Carrefour Sabanci Ticaret Merkezi A.S. (IBSE:CARFA) signed an agreement to acquire an 85% stake in Kiler Alisveris Hizmetleri Gida Sanayi ve Ticaret Anonim Sirketi (IBSE:KILER) from Denge Reklam, Sevgül Kiler, Hikmet Kiler, Nahit Kiler, Vahit Kiler, Ümit Kiler and Killer Holding Anonim Sirketi for approximately TRY 430 million on May 15, 2015. Under the terms, the sellers are offering 114.4 million shares in Kiler Alisveris Hizmetleri. Post deal, Kiler Alisveris Hizmetleri and its unit Kiler Ankara Maazaclk will be under control of CarrefourSA Carrefour Sabanci. CarrefourSA Carrefour Sabanci has made a mandatory bid price for Kiler Alisveris B group shares at 3.29 lira per share as oF March 31, 2015.
As on September 16, 2015, CarrefourSA decides to pay TRY 3.77 per share for Kiler Alisveris shares. The mandatory bid for Kiler Alisveris shares will run from September 17, 2015, to October 5, 2015. As on October 6, 2015, Carrefour completes mandatory bid for Kiler Alisveris shares as of October 5, 2015. Ak Yatirim Menkul Degerler A.S. acted as financial advisor for CarrefourSA Carrefour Sabanci Ticaret Merkezi A.S.
Kiler Holding AS is a Turkey-based holding company, which is active in various sectors, including construction, energy, transportation, retail, food, tourism, and health. The Holding's construction arm consists of two main companies; Kiler GYO AS which plans, develops, and realizes the construction projects, and Biskon Yapi AS, which manages the construction of these projects. Kiler Holding's energy arm consists of five companies, Dogu Aras AS, Aras Edas, Aras Epsas, Nuve Elecktrik, and Klr Elektrik which are involved in electric power generation, distribution, electricity wholesale, and retail. Through its subsidiaries Turex AS, Kutahya Seker AS, and Kiler Tekstil, it is active in the tourism, food, and textile sectors.
CarrefourSA Carrefour Sabanci Ticaret Merkezi A.S. signed an agreement to acquire an 85% stake in Kiler Alisveris Hizmetleri Gida Sanayi ve Ticaret Anonim Sirketi from Denge Reklam, Sevgül Kiler, Hikmet Kiler, Nahit Kiler, Vahit Kiler, Ümit Kiler and Killer Holding Anonim Sirketi for approximately TRY 430 million.
KILER HOLDING ANONIM SIRKETI 