Turkey’s state trustee fund nears $20 billion in assets as company takeovers expand

The total assets of private companies placed under the management of Turkey’s state-run Savings Deposit Insurance Fund (TMSF) have surged more than fourfold in one year, reflecting a sharp expansion in the number and scale of businesses brought under court-appointed trusteeship during criminal investigations, the Bold Medya news website reported. The TMSF managed companies with […] The post Turkey’s state trustee fund nears $20 billion in assets as company takeovers expand appeared first on S...

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