Turkey's Competition Authority Approves Sale Of Retail Chain Shares

ANKARA - Turkey`s competition board green- lighted Friday the sale of a part of the shares of Migros, the country`s largest retail chain, to Moonlight Capital S.A.
Moonlight Capital S.A., controlled by London-based private equity firm BC Partners, agreed with Turkey`s Koc Holding last February to buy 50.8 percent of the Migros shares for 3.2 billion euros.