Jan 5, 2021 · Turkish integrated steelmaker OYAK Mining and Metallurgy Group has announced that its subsidiary Ereğli Demir ve Çelik Fabrikaları T.A.Ş. (Erdemir) has acquired Turkey-based magnesia refractory material producer Kümaş Manyezit, signing a purchase agreement worth $340 million with the latter’s shareholders Yıldız Holding and Gözde Girişim.
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Читать далееOYAK was established on March 1. It began offering members death, disability and retirement benefits and loans as a social service. In order to continuously develop its assistance and services, OYAK focused on investing its funds productively and made its first equity investment in Goodyear Lastikleri, a tire producer.
Читать далееCorporate. Erdemir, the parent company of OYAK Mining & Metallurgy and one of the most valuable industrial assets of our country, has been giving life to our country's economy by producing the flat steel needed by the Turkish industry for 58 years and delivering its products to steel users all over the world.
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Читать далееJan 4, 2024 · Solid LTV: OYAK's Fitch-calculated stressed LTV is around 27%, and we expect it to remain around this level in the short to medium term. This is in line with higher-rated peers and between the 'A' and 'BBB' rating category expectations under our Investment Holding Companies methodology. When calculating OYAK's LTV, Fitch considers debt at SPVs ...
Nov 28, 2023 · Taiwan Cement Corp agrees to buy additional 20% from Oyak Denizli Cimento taking over majority of company increasing its stake to 60%, according to emailed statement.. Deal sets enterprise value of Oyak Denizli Cimento at 1.3 billion euros; OYAK is also selling its 60% stake in Cimpor Portugal Holdings to Taiwan Cement, which sets enterprise value of …
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Читать далееJul 19, 2024 · Find the latest OYAK Çimento Fabrikalari A.S. (OYAKC.IS) stock quote, history, news and other vital information to help you with your stock trading and investing.
Читать далееJan 21, 2019 · Portugal: Turkey’s Oyak Cement has completed it acquisition of Cimpor. The completion of the transaction follows the approval of the European Commission in mid-January 2019, according to the Expresso newspaper. The purchase includes three integrated cement plants, two grinding plants, 20 quarries and 46 ready-mix concrete plants in Portugal ...
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