Privatization of Turban A.Ş. (Turkish Tourism Enterprises Inc.) -Prime Ministry, Privatization Administration

Country

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Turkey
Reference

:

Start Year

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1987
End Year

:

1988
Beneficiary

:

Prime Ministry Housing Development and Public Participation Fund Administration
Consortium

:

Morgan Grenfell & Co. (UK), Tekstilbank (TR), ANKON (TR)
Budget

:

Financing

:

Prime Ministry Housing Development and Public Participation Fund Administration
Working Area

:

Public Sector Development
Service Area

:

Institution Building and Restructuring

ANKON has rendered services together with Morgan Grenfell & Co. (London) and Tekstilbank (Istanbul) which were retained by the Prime Ministry Housing Development and Public Participation Fund Administration,These services included providing consultancy for the Privatization of the Tourism Establishments of T.C. Tourism Bank. In this capacity ANKON was responsible for: formulating strategies of sales, evaluating the Replacement Values of the Assets to be privatized and assisting in the sales implementation stage.