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    Bossa minority buyout offer begins today

    Reuters
    22.04.2009 - 00:00 | Son Güncelleme:

    ISTANBUL - Turkey's Akkardan Industries will make a buyout offer to minority shareholders in textile firm Bossa today, after buying a majority stake in the company last year, Bossa said on Monday.

    Akkardan bought 73.1 percent of the company last August for $111.48 million. Shares in Bossa were trading at 2.32 liras midafternoon yesterday, having gained 11.5 percent since Jan. 1.

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