Announced
CMEC to acquire a 75% stake in Osmangazi Elektrik Dagitim and Osmangazi Elektrik Perakende Satıs for $385m.
Synopsis
China Machinery Engineering, a construction and engineering company, and Guoxin International Investment, a sovereign wealth fund located in Hong Kong, agreed to acquire a 75% stake in Osmangazi Elektrik Dagitim and Osmangazi Elektrik Perakende Satıs, providers of electric transmission and distribution services, from Dedeli Yatirim, an investment company, for $385m.
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