Beyaz filo to begin trading

March 19 2012 17:00:28

Beyaz filo to begin trading

ISTANBUL

Beyaz Filo, a leading Turkish car rental company, is preparing to file for an initial public offering public (IPO), a first in the local car rental industry. The book building for the IPO will take place on March 22, 23 and 26, the company announced yesterday in a press release.

Galata Menkul Değerler, a local brokerage firm, advises Beyaz Filo and oversees the IPO process. Beyaz Filo, which started its operations with just two cars in 1993, has now developed a giant rental fleet of 7,000 vehicles.

LATEST NEWS

Recommended

Over 47 million foreign tourists visit Türkiye in 10 months

AI firms seek accords with publishing giants to maintain growth

Competition authority launches probe into Mastercard, Visa

BP announces $7 billion gas project investment in Indonesia

Trudeau to send checks to millions of Canadians

SEC Chair Gensler to exit, clearing way for Trump pick

Volkswagen workers head towards strikes from December

WORLD

COP29 draft deal proposes rich nations give $250 bln in climate finance

A new draft deal at U.N. climate talks Friday proposes rich nations commit $250 billion a year to help poorer nations combat global warming in a bid to break the deadlocked negotiations.

ECONOMY

Over 47 million foreign tourists visit Türkiye in 10 months

Foreign tourist arrivals in Türkiye increased by 7.03 percent year-on-year in January-October to 47.3 million, according to data from the Culture and Tourism Ministry on Nov. 22.

SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.