Çukurova


BeIN close to Digitürk acquisition

Al Jazeera-owned BeIN Media Group, which operates the sports networks of the same name, is in advanced talks to buy Turkish pay TV operator Digitürk, according to Reuters, citing three sources familiar with the talks. Reuters reported that the talks are at an advanced state but have not yet been finalised, with the possibility that […]

New bidders emerge for Digiturk

Turk Telekom, Dogan Holding and Dogus Group have emerged as potential buyers for troubled pay TV operator Digiturk, with a deal likely to be valued at up to US$1 billion, according to Reuters. The news agency cited banking sources as saying that News Corp and Liberty Global may also be interested in acquiring the pay […]

Ciner Group pays $402m for Show TV

Turkish conglomerate Ciner Group has acquired Turkish commercial channel Show TV for US$402 million. The Savings Deposit Insurance Fund (TMSF), which had seized the Çukurova Group’s stake in the company after the firm had failed to make payments on debts, closed the deal last week according to a statement. Further to that, Ciner Group has […]

Digiturk ‘on the block’

Turkey’s Digitürk may be sold off in whole or in part following a Turkish state fund’s seizure of 12 companies owned by the pay TV operator’s majority owner, Çukurova Group, according to local reports. Sakir Ercan Gül, chairman of the Turkish Saving Deposit Insurance Fund (TMSF), told Bloomberg at the weekend that the TMSF would […]