Sell-side advisory to Sabancı in its divestment of chemicals business to LSB
Sabanci is Turkey’s leading industrial and
financial conglomerate with a market cap of approx. Euro 5.5 billion
Sabancı Holding has transferred the pet,
pet reform and PTA production companies of its Dutch affiliate Advansa,
operating in Turkey, England and Romania, and their related technologies and
licenses to Spanish La Seda de Barcelona for 320 million Euros. The yarn and
fiber division will continue to operate within the body of Advansa.