Yildiz Likely To Pursue IPOs

Turkey-based food and drink giant Yildiz Holding, owner of the luxury chocolate company Godiva, is contemplating initial public offerings (IPOs) for some of its core units as it continues to seek out expansion projects, according to head of business development Zeki Ziya Sozen. Calling on a strong portfolio of food and drink (F&D) assets headed up by ownership of Ülker - one of Turkey's leading food companies with assets across the confectionery, dairy and soft drink segments - Yildiz is strongly placed to capitalise on forecast annual average headline food consumption growth of 5.69% as the F&D industry continues to

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