Digiturk mulls float

Up to 30% of the company would be floated

Digiturk, Turkey’s largest paybox, is mulling a $757 million ($1.5 billion) flotation on the London Stock Exchange.

Up to 30% of the company would be floated, with Lehman Brothers and Credit Suisse in the frame to advise on the IPO, according to a report in London newspaper the Times.

Execs at both banks admit they have had advanced discussions with Digiturk execs, although they add that no mandate deal has been inked yet.

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