Turkish media group Sabah-ATV sold to Kalyon İnsaat

Photo: Turkish media group Sabah-ATV sold to Kalyon İnsaat  / Turkey

Turkish media group Sabah-ATV has been sold to Kalyon İnşaat, a well-known construction firm owned by Zirve Holding, daily Hürriyet reported today.

Calik group acquired Sabah-ATV media group from the state for $1.1 billion in 2008 in an auction.

According to the competition authority report, it has been approved that Zirve Holding will take over the shares of Calik group.

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