Goldman buys 6.2 percent stake in Turkish food retailer Migros
Goldman Sachs bought a 6.2 percent stake in Migros, Turkey’s largest supermarket chain, on behalf of clients.
The purchase, made on Jan. 19, raised Goldman’s indirect share in the company to 6.6 percent, the bank said in a filing with the Istanbul Stock Exchange on Tuesday.
Migros owns more than 2,000 stores across Turkey, including hypermarkets and wholesale units. It also runs stores in North Macedonia and Kazakhstan.
The company is controlled by Anadolu Endustri Holding of Turkey, which also owns beermaker Efes.