Ciner Group

Turkey’s Show TV sells for US$402m

Turkish conglomerate Ciner Group has acquired Turkish commercial channel Show TV for US$402 million (€306 million). The Savings Deposit Insurance Fund (TMSF), which had seized the Çukurova Group’s stake in the company after the firm had failed to make payments on debts, closed the deal last week according to a statement. Further to that, Ciner […]