Reference: Our ISE disclosures on May 10th, 2010 and July 28th, 2010.
Turkish Competition Authority determined that the sale of Isbank’s 35.53% share in the capital of Anadolu Anonim Türk Sigorta Şirketi to the group company Milli Reasürans T.A.Ş. should not be considered within the scope of the Article 7 of the Law Nr: 4054 and the related “Communiqué on the Mergers and Acquisitions Calling for the Authorization of the Competition Board (1997/1)” due to the related parties’ being in the same economic integrity.
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