Turkey and Qatar signed MoU on 10% of Borsa İstanbul shares purchase26 November 2020
The MoU is signed by TWF CEO Zafer Sönmez and QIA CEO Mansoor bin Ebrahim Al-Mahmoud with a ceremony today at the Presidential Palace in Ankara.
TWF is the majority shareholder of Borsa İstanbul with a shareholding of 90.6%. QIA is the sovereign wealth fund of the State of Qatar. Upon the consummation of a share purchase by QIA TWF will continue holding 80.6% of the Borsa İstanbul shares.
The parties expressed their mutual belief in Borsa İstanbul’s potential and future.