The nine month stand-off between French supermarket giant Carrefour and its Turkish partner Sabanci Holding has finally been resolved with the two companies announcing a deal under which Sabanci will take control of the pair’s Turkish joint venture CarrefourSA. Read more
It is not every day that one of the world’s industrial giants sets up shop with one of the titans of a big, dynamic economy, so Eon‘s proposed joint venture with Sabanci Holding of Turkey has caused quite a stir.
Eon is taking a fifty per cent stake in Enerjisa, the energy group half-owned by Turkey’s Sabanci Holding, replacing Austria’s Verbund, which previously held the shares and which is exchanging its holdings for full ownership of eight Bavarian hydro-electric power stations. Read more