Borsa Istanbul in talks with European, US giant for share sale - ECONOMICS:
"Turkey’s sole stock exchange Borsa Istanbul is reportedly holding talks with one European and one American giant for the potential sale of a minority of the exchange’s shares only months after a landmark deal with U.S. stock exchange NASDAQ.
The stock exchange had clinched a landmark deal with NASDAQ in December, in which the U.S. exchange took a 5 percent share from Borsa Istanbul in a tie-up that allows Borsa Istanbul to use NASDAQ’s market technologies to attract new customers.
According to sources close to the matter, the Turkish stock exchange has neared the end of negotiations with the European Bank of Reconstruction and Development (EBRD), as well."
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