Sale Of Penguen Shares To Deg Finalized

ISTANBUL, Jan 18 (A.A) - Sale of food producer Penguen Gida Sanayi A.S's shares to German state-run company Deutsche Investitions und Entwicklungsgesellschaft mbH'ye (DEG) was finalized on Friday.
Sources said that under the share sale contract signed between Penguen and DEG on January 11, 2001, 714 billion 285 million 714 thousand Turkish liras (TL) nominal-valued shares which represented the increased part of Penguen's 4 trillion 874 billion 285 million 714 thousand TL of issued capital had been sold to DEG at the Istanbýl Stock Exchange (IMKB) Wholesales Market.
It said that the selling price of Penguen's 1,000 TL nominal-valued share was 0,007 Euro or 8,390 TL.