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Dogan offers USD 742 mln for Digiturk
2013-09-03 08:51:00| Telecompaper Headlines
(Telecompaper) Turkey's Dogan Holding made a USD 742 million non-binding offer for a 53 percent stake in Turkish pay-television operator Digiturk, writes The Financial Times. The offer, which values Digiturk at USD 1.4 billion, is higher than Turk Telekom's July bid of USD 530 million for the 53 percent stake in the television operator. Dogan already owns D-Smart, Turkey's second-biggest pay television operator. The remaining 47 percent of Digiturk is owned by US private equity group Providence.
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Category:Telecommunications