Doğan Holding announced that it has decided to sell its 82.29% stake in Milpa to Re-Pie Portfolio Management Secondary Venture Capital Investment Fund for 55 million dollars. After the announcement, DOHOL started the new day with a rise in Borsa Istanbul.
In a statement sent to the Public Disclosure Platform (KAP), Doğan Holding stated that a total of 171,161,612,438 shares, 82.29 percent of Milpa’s paid-in capital, will be sold to Re-Pie Portfolio Management Secondary Venture Capital Investment Fund. The company stated that the sale price is $55 million in total and that other conditions agreed on the share transfer agreement will be fulfilled.
DOHOL Share Price Rises On Sales News
Shares of Doğan Holding, traded on Borsa Istanbul with the code DOHOL, started the new day with a rise after the company’s announcement.
DOHOL, which has been in an upward trend with the effect of the positive atmosphere in Borsa Istanbul for a while and broke the previous high of 11.45, welcomed the new week on the positive side with the effect of the announcement that the company sold its shares in Milpa.
DOHOL, which is at the level of 12.08 with an increase of 3.25 percent as of 10:50, continues its upward trend as of June 22.
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