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Titan sells 75% stake in Turkish unit

Summary by Kathimerini English Edition

Blue chip Titan Cement announced on Wednesday it has signed an agreement for the sale of its 75% stake in Adocim Cimento Beton Sanayi ve Ticaret in eastern Turkey for $87.5 million in cash, with 50% of shares going to Mugla Cimento Sanayi ve Ticaret and the other 25% to Yurt Cimento Sanayi ve Ticaret.

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Kathimerini English Edition

Titan sells 75% stake in Turkish unit

Blue chip Titan Cement announced on Wednesday it has signed an agreement for the sale of its 75% stake in Adocim Cimento Beton Sanayi ve Ticaret in eastern Turkey for $87.5 million in cash, with 50% of shares going to Mugla Cimento Sanayi ve Ticaret and the other 25% to Yurt Cimento Sanayi ve Ticaret.

3 days ago·Athens, Greece

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Kathimerini English Edition broke the news in Athens, Greece 3 days ago on Thursday, February 20, 2025.

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