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Izocam public bid for residual shares launched

The Turkish capital markets board has approved the request to launch a public bid for Izocam Ticaret. The offer for minority shares is valid from 5 February to 19 February 2007. Saint-Gobain Isover an…

The Turkish capital markets board has approved the request to launch a public bid for Izocam Ticaret. The offer for minority shares is valid from 5 February to 19 February 2007. Saint-Gobain Isover and Alamana Industries bought a 61% stake in Izocam Ticaret for USD 171 million from the Koc Group. Izocam Ticaret produces and sells glass wool, fiberglass, polyester, polystyrene templates and other mineral wools.

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