Dogan Sirketler Grubu Holding AS, the owner of Turkey’s largest listed media group, jumped after Prime Minister Recep Tayyip Erdogan attended a public event with honorary chairman Aydin Dogan, suggesting relations with the government may be improving.
Donald Trump, the U.S. real estate developer, opened a $400 million twin-tower complex in Istanbul and will partner Turkish owner and billionaire businessman Aydin Dogan in more real estate in the city.
The tax debt of Turkish businessman Aydin Dogan’s media companies may be reduced to between 300 million liras ($197 million) and 400 million liras under a government restructuring plan, Star newspaper reported citing unidentified Finance Ministry officials.
As Nahit Kiler shows off an apartment on the 40th floor of his 54-story Istanbul Sapphire , the selling points include a sweeping view of the hills, minarets and waterways of this ancient city and, if one looks down, offices belonging to some of his business rivals.
RTL Group SA , KKR & Co. LP and TPG Capital are among companies interested in assets of Turkey’s biggest media group Dogan Yayin Holding AS , valued at about $2 billion, three people familiar with the matter said.