ıİz Yatırım Holding announced that half of its PWT Teknoloji A.Ş. was purchased by UAE investors…
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United Arab Emirates (UAE) based investment fund Capital FZE purchased half of PWT Teknoloji A.Ş. From Turkey. In its statement to the Public Disclosure Platform (KAP), İz Yatırım Holding stated that PWT Teknoloji A.Ş. Sold for 6 million TL
Sales Process and Details
Start Date: Iz Investment Holding shared with the public that it started negotiations with the UAE-based investment fund on June 27, 2024.
Agreement Date: The negotiations were concluded successfully and an agreement was reached on the sales price on June 30, 2024.
Decision of the Board of Directors: The sale transaction became official with the decision of the Board of Directors dated July 12, 2024.
Total Sales Price: 6 million TL
Amount of Shares Sold: 3% shares in PWT Teknoloji A.Ş. (Half of the shares owned by İz Yatırım Holding)
With this sale, Capital FZE gained an important position in the technology sector in Turkey. With this sale, İz Yatırım Holding had the opportunity to restructure its capital and resources.