Turkish Competition Board Approves Sale of Tekfen Shares to OYAK

The Turkish Competition Board has approved the acquisition of a 42.8% stake in Tekfen, owned by Can Holding, by ON Investment, a subsidiary of OYAK. This decision indicates that the transfer between the companies is deemed compliant with competition law. The sale will be carried out through OYAK's affiliate, ON Investment. The Board's approval stands out as one of the necessary legal steps for the completion of the share transfer. This development signals a significant change in Tekfen's ownership structure. This is not investment advice.

📊 TKFEN — Piyasa Yorumu

▲ up · 65%

The Competition Authority's approval removes uncertainty in the sales process, acting as a positive catalyst. Although technical indicators remain in neutral territory (RSI 51) and the MACD is below the signal line, the price is trading near the 20-day moving average. The news may create short-term buying pressure, but volume support is crucial for the sustainability of the rally. While the medium-term outlook (above the 50-day moving average) is positive, excessive optimism should be avoided.

RSI 14

51.2

MACD

0.56

24h Δ

0.34%

Canlı Grafikler