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.
Category: Goldman Sachs
Investment Analysts’ Updated EPS Estimates for February, 7th (AAPL, …
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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.
Oil Rises Above $53 as Iraq Says Close to Full OPEC Cut Pledge
U.S. oil advanced to trade above $53 a barrel as Iraq said it’s close to implementing its share of pledged output curbs agreed with OPEC to trim bloated global inventories. Futures rose as much as 1 percent in New York after dropping 0.9 percent on Monday.