Serdar Caloglu

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 […]