Beymen says to proceed with Borsa Istanbul listing

Dünya Executive - - OVERVIEW -

Turk sh luxury reta ler Beymen Magazac l k sa d on Apr l 9 t ntended to proceed w th an n t al publ c offer ng of up to 62.49 m ll on ord nary shares, or 40 percent of ts cap tal. Up to 9.37 m ll on add t onal ord nary shares, or up to 6 percent of ts cap tal, may be sold to cover over-allotments, t sa d. BofA Merr ll Lynch,

C t group Global Markets L m ted, and Deutsche Bank were act ng as jo nt global coord nators and bookrunner­s n relat on to the nternat onal offer ng, t added. Boyner Perakende ve Tekst l, Beymen’s parent, announced deta ls of the planned IPO last month, say ng t had author zed Is Yat r m to f le the IPO appl cat on w th Turkey’s Cap tal Markets Board.

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