Turkey's Sabancı Energy to consider acquisitions if it fails to win tenders for AYEDAŞ and Toroslar EDAŞ

Sabancı Holding will set its eye on acquisitions in the energy market if it fails to win the privatization tenders for AYEDAŞ and Toroslar EDAŞ. “There are options for expanding the retail market network other than distribution networks,” Sabancı Energy Group...
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E-mail article Print Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά Text

Turkey's Sabancı Energy to consider acquisitions if it fails to win tenders for AYEDAŞ and Toroslar EDAŞ



Balkans.com Business News Correspondent - 04.01.2013

Sabancı Holding will set its eye on acquisitions in the energy market if it fails to win the privatization tenders for AYEDAŞ and Toroslar EDAŞ. “There are options for expanding the retail market network other than distribution networks,” Sabancı Energy Group president Selahattin Hakman told daily newspaper Dünya. “If we fail to win any regions we may mobilize our forces in that way … [During the consolidation process of the sector] we may get new production and distribution acquisition opportunities.” 
Sabancı Group owns a 50 percent share in Enerjisa, whose other 50 percent was sold to German E.ON by Australian Verbund last month, Hurriyet Daily News report. 

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