Turkey Approves 50 Pct Sale Of Star Media To Azerbaijan's SOCAR

30.05.2013 18:48

The Turkish Competition Authority (RK) approved the sale of 50 percent of Turkish newspaper and media group Star Media on Thursday after weeks of acquisition talks with the State Oil Company of Azerbaijan Republic (SOCAR).

The Turkish Competition Authority (RK) approved the sale of 50 percent of Turkish newspaper and media group Star Media on Thursday after weeks of acquisition talks with the State Oil Company of Azerbaijan Republic (SOCAR).

The Azeri oil giant earlier said the talks on the purchase of the Star daily and Kanal 24 television, two subsidiaries of one of Turkey's largest media outlets, were positive. Star Media Group partner and chairman of the Rixos chain of luxury hotels Fettah Tamince earlier told Turkish media that his future stake in Star Media "was not yet clear."

Star Media is owned by Tamince and Tevhit Karakaya and was purchased by Tamince from Ethem Sancak in 2009. The Star daily was founded in 1999 and later purchased by Turkish Cypriot businessman Ali Özmen Safa in 2006.

Turkey Approves 50 Pct Sale Of Star Media To Azerbaijan's SOCAR

The Turkish Competition Authority (RK) approved the sale of 50 percent of Turkish newspaper and media group Star Media on Thursday after weeks of acquisition talks with the State Oil Company of Azerbaijan Republic (SOCAR).

Latest News

"The eventful words from Ferdi Tayfur's daughter, Tuğçe Tayfur: "Wildness comes with a price.""

"The courier who arrived in Turkey by plane had drugs in their stomach."

"Bad news from Altay Bayındır."

"Ahmet Çakar predicted the final score of the Galatasaray-Adana Demirspor match."

"The famous businessman said, "Let the whole world hear," and shared his experiences while crying."

"In Sapanca, one person died and three were injured in a car accident involving a truck."

"The husband who came home early went crazy when he saw his wife with someone else."

""Çagatay Ulusoy's Eşref Rüya has started filming! Here is the first shot from the series.""

"The "yes" answer she gave on the phone darkened her life."

"He scored 11 goals in a single match! The star football player's son is just like him."

"In the divorce case, Besim Tibuk received bad news from the Court of Cassation."

"The Israeli press reported: Missiles are on their way to Turkey, Athens is on alert."

""Education hindered by snow! Here are the provinces where schools are closed.""

"Netanyahu was protested in Washington: He is the Hitler of our generation."

"Beşiktaş announced its first signing of the transfer window."

"The 'Çekdar' gang has been dismantled! A chilling torture method has emerged in the prosecutor's report."

"The institution recounted its memory of the time it spent with Erdoğan during the earthquake: "I will never forget it for the rest of my life.""

"He got away with a traffic fine thanks to artificial intelligence."

"The downed high-voltage line caused a forest fire."

"Spider rain in Brazil! Thousands of them covered the sky."

"Dr. Ekrem Teymur: The SoftBank and OpenAI agreement will change the balance in the world of artificial intelligence."

"In Argentina, gender transition treatment for children has been banned."

"Surprising Medcezir statement from Taner Ölmez: I spoke with Serenay Sarıkaya."

"The heartbreaking commemoration at Ebrar Site, the "black" symbol of the earthquake that became a grave for 1,400 people."

"Necla Nazır has been hospitalized."