Akfen Working With Morgan Stanley, Goldman on Asset Sales an hour ago

Turkey’s Akfen Group is in talks with banks including Morgan Stanley and Goldman Sachs Group Inc. to advise on the sale of assets after completing its restructuring this month. The Ankara-based company is also in discussions with Credit Suisse Group AG and Deutsche Bank AG to find potential buyers for its overall holding businessAkfen Holding AS or stakes in individual companies such as Mersin International Port and renewable energy producer Akfen Yenilenebilir Enerji AS, Akfen Group Chairman Hamdi Akin said.

Goldman Fights Back in Suit Against Indonesian Businessman

Goldman Sachs Group Inc. filed a $1 billion counterclaim against an Indonesian businessman over ownership of shares in the company he manages. The U.S. bank is seeking damages to its reputation stemming from Benny Tjokrosaputro’s 15 trillion rupiah lawsuit alleging that it improperly obtained a stake in property developer PT Hanson International.