Turkey: Desa considers partnership with German fund
15/12/2011
Turkish leathergoods manufacturer Desa will talk to a German investment fund at the end of December 2011 about a possible partnership, according to Reuters.
“It could be in the form of them purchasing some of the publicly traded shares or us selling some of our shares,” chairman Melih Celet told the media group.
The company expects revenue of $95.6 million this year and growth of 15% in 2012, Mr Celet said.
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