BY MEHMET KAYA The e-commerce platform Trendyol, which was Turkey’s first decacorn with a valuation of USD 16.5bn, is planing an dual-listing initial public offering (IPO) on the London or New York stock exchanges, according to Caglayan Cetin, President of Trendyol Group. “We’ve set a high e-export volume for IPO. We aim for one-third of...
Tag: IPO
Post
Post
Penti to Explore Istanbul IPO
BY BLOOMBERG The lingerie maker, in which the U.S. buyout firm Carlyle Group owns 30%, is exploring going public in Istanbul as early as next year, according to people with knowledge of the matter, setting the stage for a rare initial public offering (IPO) by a local textile retailer. Penti Giyim Ticaret AS has approached...