Turkcell Completes Full Acquisition of Sofra

Turkcell Iletisim (TKC) has released an update.

Turkcell’s subsidiary, Turkcell Ödeme ve Elektronik Para Hizmetleri, has completed the acquisition of the remaining 33.3% shares of Sofra Kurumsal ve Ödüllendirme Hizmetleri, making it a fully owned entity. This strategic move positions Turkcell to fully leverage Sofra’s services, including meal and electronic coupons, to enhance its service offerings. The total transaction was valued at TRY 5,196,000, further solidifying Turkcell’s market presence.

For further insights into TKC stock, check out TipRanks’ Stock Analysis page.