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Major Turkish holding can be put up for sale

Türkiye Materials 8 September 2016 14:24 (UTC +04:00)
Turkey’s Boydak Holding can be put up for sale.
Major Turkish holding can be put up for sale

Baku, Azerbaijan, Sept.8

By Orkhan Guluzade - Trend:

Turkey’s Boydak Holding can be put up for sale, the Sabah newspaper reported.

Moreover, 41 companies of the holding can also be sold.

Boydak Holding produces textiles and furniture.

Reportedly, earlier, head of the Board of Directors of Boydak Holding Mustafa Boydak and other board members were arrested for rendering financial aid to the movement of Fethullah Gulen who is accused of being involved in the military coup attempt in Turkey.

On July 15 evening, Turkish authorities said a military coup attempt took place in the country. Meanwhile, a group of servicemen announced about transition of power to them. However, the rebelling servicemen started to surrender July 16 and Turkish authorities said the coup attempt failed.

Turkey’s President Recep Tayyip Erdogan had said the death toll as a result of the military coup attempt stood at 246, excluding the coup plotters, and over 2,000 people were wounded.

Erdogan declared a three-month state of emergency in Turkey on July 20.

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