Turkey's SPK freezes voting rights of Tera Yatırım Holding and related parties over unmet Peker GYO mandatory buyout offer

Turkey's Capital Markets Board (SPK) froze the voting rights of Tera Yatırım Holding and related parties for failing to carry out the mandatory share purchase offer for Peker GYO (PEKGY), and barred Tera's shares from trading on the bourse. Peker GYO investors are suing Tera Yatırım Holding for losses from the offer not being made.

Detected & updated continuously · Source: Nebula