SOCAR cancels sale of Petkim's shares
Energy
- 08 June, 2015
- 10:27
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 8 June. REPORT.AZ/ "SOCAR Turkey" canceled the sale of the shares of "Petkim Holding" due to uncertainties in the financial markets.
Report informs, the press service of Istanbul Stock Exchange stated.
"Petkim Petrochemical Holding Inc." announced on June 5 about the sale of 1.6% of its shares to "BCM Global Fund" Ltd on June 8.
At the request of the parties, transaction was canceled due to the uncertainty in markets. " The issue will be appreciated in the future again," the report says.
Latest News
08:04
Azerbaijan's external debt servicing to exceed AZN 1.4 billion
Finance
07:50
Azerbaijan to spend nearly $8B on reconstruction of liberated territories
Finance
07:25
Azerbaijan revises 2027 budget revenue forecast upward
Finance
07:09
Kobakhidze highlights Middle Corridor's role as key transport route
Region
01:36
Azerbaijan MFA highlights key outcomes of 7th CICA Summit
Foreign policy
23:49
Azerbaijan publishes Medium-Term Expenditure Framework for 2027-2030
Finance
23:32
Three dead, over 3,000 rescued amid severe flooding in Istanbul
Region
22:53
US expands sanctions against Iran, targets Cuban and Iraqi banks
Other countries
22:22
Papuashvili: Foreign funding transparency protects democracy and sovereignty
Foreign policy