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BRIEF-Turk Telekomunikasyon to establish venture capital company
November 15, 2017 / 7:35 AM / 7 days ago

BRIEF-Turk Telekomunikasyon to establish venture capital company

Nov 15 (Reuters) - TURK TELEKOMUNIKASYON:

* TO ESTABLISH VENTURE CAPITAL COMPANY TO SUPPORT STARTUP AND MIDDLE-SIZED ENTERPRISES IN ORDER TO CREATE VALUE FROM THEIR GROWTH

* PLANS TO GET STAKES IN INVESTED COMPANIES IN PROPORTION TO AMOUNT OF INVESTMENT

* AIMS TO PARTICIPATE IN NEW BUSINESS MODELS BY UTILIZING POTENTIAL SYNERGIES, TO ACCELERATE INNOVATION, AND TO INCREASE EQUITY VALUE OF TARGET ENTERPRISES

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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