Trabzonspor Futbol Isletmeciligi Ticaret A.S. agreed to acquire 48% stake in Bordo Mavi Enerji Elektrik from Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi Ticaret A.S. (IBSE:TSPOR) for TRY 47 million on December 29, 2016. Trabzonspor Futbol Isletmeciligi Ticaret A.S. cancelled the acquisition of 48% stake in Bordo Mavi Enerji Elektrik from Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi Ticaret A.S. (IBSE:TSPOR) on December 29, 2017.