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PRIVATISATION PLAN DROPPED

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Turkey may hold IPO for toll roads, bridges in 2014

Istanbul, July 24, 2013

Turkey will not privatise its toll roads and bridges this year but may hold an initial public offering for them in 2014, Finance Minister Mehmet Simsek told Turkey's CNBC-e television on Wednesday.

A $5.7 billion tender for the privatisation was cancelled in February after Prime Minister Tayyip Erdogan said the result had not met expectations. – Reuters


 




Tags: IPO | roads | Turkey | bridges | privatisation | Finance Minister |

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