Turkey's Koza Altın İpo Values Fırm At Try2.2b

Turkish gold miner Koza Altin Isletmeleri said Monday that an initial public offering of a 30% stake in the company valued it at around 2.2 billion lira ($1.45 billion), Ihlas News Agency, or IHA reports.

Turkish gold miner Koza Altin Isletmeleri said Monday that an initial public offering of a 30% stake in the company valued it at around 2.2 billion lira ($1.45 billion), Ihlas News Agency, or IHA reports.



In a statement, Koza Altin said the final IPO share price was TRY36.8 and the deal attracted 18.7 million lots.



The price range for the IPO was set between TRY36.8 and TRY46.



Owner companies Koza Anadolu Metal Madencilik Isletmeleri AS (KOZAA.IS) and Ipek Matbaacilik Sanayi ve Ticaret AS (IPMAT.IS) began IPO studies in September.