25.01.2011 - Bizim targeting 17pct sales gain in 2011 after IPO
From Bloomberg: Bizim Toptan Satis Magazalari AS, a Turkish wholesale food supplier holding an initial public offering this week, aims to raise revenue 17 percent this year as the stock sale helps fund its parent company’s growth abroad. Strategic Investment Fund will continue owning 20 percent, according to IPO documents. Bizim Toptan, majority owned by food producer Yildiz Holding AS, plans 15 new stores in 2011 to expand its current 109-outlet network, Mustafa Yasar Serdengecti, vice president of the unit, said.............................................Full Article: Source
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