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Turkey's Isbank selling majority stake in Gemport to Yilport-Gemport

Tuesday, 2 Oct 2012 | 8:15 AM ET

ISTANBUL, Oct 2 (Reuters) - Turkey's Isbank unit G emport Gemlik Liman said an agreement had been signed t o sell a 54 percent stake in Gemport to Yilport, a unit of Yi ldirim Hol ding, which has interests from shipping to energy.

Isbank said late on Monday it had signed a deal to sell its 54 percent stake in Gemport but gave no further details.

(Writing by Seda Sezer)

((seda.sezer@thomsonreuters.com)(+90 212 350 7051)(Reuters Messaging: seda.sezer@thomsonreuters.com))

Keywords: GEMPORT/SALE