July 1, 2019 / 12:49 PM / 3 months ago

Turkey gives Ernst & Young mandate to advise on lottery sell-off -Bloomberg HT

ISTANBUL, July 1 (Reuters) - Turkey’s sovereign wealth fund has given Ernst & Young the mandate to advise on the privatisation of the country’s Milli Piyango national lottery, broadcaster Bloomberg HT reported on Monday.

The head of the fund was reported as saying in May that Turkey aimed to take bids in June in a tender for the lottery’s operating rights and aimed to complete the deal by year end.

Reporting by Birsen Altayli; Writing by Daren Butler; Editing by Jonathan Spicer

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