Cookies are used on our website in accordance with the legislation. By clicking on Change Cookie Preferences, you can access the cookie settings and our Cookie Policy, and get detailed information about the cookies we use and our data processing purposes.
Change Cookie Preferences
TR SEARCH TÜRKÇE
MENU CLOSE
Who we are
About Us
General Info Our Mandate
Board & Management
President’s Message Board of Directors Committees
Corporate Governance
Our Values Ethical Principles Human Resources Policy Sustainability
Our Portfolio Financial Services Transport and Logistics Energy Mining and Iron - Steel Licenses Technology and Telecom Agriculture and Food Real Estate
Investor Relations Reports Legislation
Contact Disclosures Contact Info
Back to Disclosures Back to Disclosures

TWF buys 10% share of Groupama at Güneş Sigorta

February 7th, 2020
Within the scope of public insurance companies’ consolidation project that was announced on December 15th, 2019, TVF Finansal Yatırımlar Anonim Şirketi, our wholly owned subsidiary, has agreed with Groupama Holding Filiales et Participations on the purchase of their stake in Güneş Sigorta Anonim Şirketi that correspond to 10% of the company shares.

Within the scope of public insurance companies’ consolidation project that was announced on December 15th, 2019, TVF Finansal Yatırımlar Anonim Şirketi, our wholly owned subsidiary, has agreed with Groupama Holding Filiales et Participations on the purchase of their stake in Güneş Sigorta Anonim Şirketi that correspond to 10% of the company shares.

 

As Turkey Wealth Fund, we highly value this project in its entirety and consider it to be a milestone on our roadmap in providing capital to Turkey’s strategic investments, supporting and deepening of financial markets.

Back to Disclosures