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Socar buys 10% stake in Petkim
31 March 2012 [08:20]
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Today.Az
Azerbaijan`s state oil firm, SOCAR has won a bid of Turkey`s Privatization Board to buy a 10% stake in petrochemicals maker Petkim. SOCAR purchased the stake for $168,500,000. SOCAR`S Turkey unit owns a 51 percent majority stake in Petkim.
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Azerbaijan`s state oil firm, SOCAR has won a bid of Turkey`s Privatization Board to buy a 10% stake in petrochemicals maker Petkim. SOCAR purchased the stake for $168,500,000. SOCAR`S Turkey unit owns a 51 percent majority stake in Petkim.