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Third time lucky for Tekel tender?Third time lucky for Tekel tender?
15-Jun-2006
The Turkish government is set to make a third attempt to offload the cigarettes division of state monopoly Tekel, which controls a 40% share of the Turkish tobacco market
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Turkey's Privatisation Agency confirmed that it expects to launch a tender this year, although it has yet to announce a date.
The latest effort to privatise Tekel's cigarettes division follows
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(15-Dec-2004) - The Turkish government is to make a second attempt to sell state tobacco monopoly Tekel within a few months, a source close to the company has told DFNI
(19-Jul-2003) - DFNI EXCLUSIVE by Gavin LipsithTURKEY. Gebr Heinemann is considering bidding for the duty-free shops division of Tekel, the Turkish state-controlled import and export agency.
(2-Sep-2003) - Following its recent purchase of Italian state-owned tobacco supplier Ente Tabacchi Italiani, British-American Tobacco has denied reports that it has bid £2bn ($3.2bn) for Turkey?s state-owned tobacco manufacturer Tekel.
(1-Jan-2002) -
(25-Feb-2008) - The sale does not include Tekel’s duty-free arm, which operates border stores and outlets at Istanbul Atatürk airport