Soda Sanayi buys Solvay shares

Turkey“s Soda Sanayi announced that it purchased 24 units of Solvay Sisecam Holding A.G shares from the European Bank for Reconstruction and Development (EBRD) for USD 3.95 million on 12 April 2006. …

Turkey“s Soda Sanayi announced that it purchased 24 units of Solvay Sisecam Holding A.G shares from the European Bank for Reconstruction and Development (EBRD) for USD 3.95 million on 12 April 2006. Soda Sanayi also paid USD 228,617 to the EBRD as a call option premium. Soda Sanayi is a producer of soda ash and chromium chemicals. Headquartered in Istanbul, the firm“s soda ash plant is located at Mersin, southern Turkey.