Boyner may sell up to 60 percent of online retailer

Dünya Executive - - OVERVIEW -

Retailer Boyner Holding is looking to sell up to 60 percent of its online fashion site, Morhipo.com and has mandated brokerage Unlu & Co. to advise on the sale, two sources familiar with the matter said. Four companies, including a large Middle Eastern retailer, have shown interest in the deal, which would see Boyner sell 40 to 60 percent of the e-commerce site, the sources said, declining to be identified. Both Boyner and Unlu & Co. declined to comment.

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