Tera Group Initiates Talks to Acquire Pusula Finans Subsidiaries

Tera Group has announced the commencement of preliminary discussions regarding the acquisition of Pusula Finans Holding and its subsidiaries. The scope of the talks includes the transfer of shares in Pusula Finans' financial services affiliates, such as Pusula Portföy, Pusula Yatırım, and Katılım Evim, in which it holds stakes. No binding agreement has been signed yet, and if the process is completed, Tera Group's operational scale in capital markets, portfolio management, investment, and financing is expected to expand significantly. The acquisition is seen as part of Tera Group's strategy to strengthen its presence in the financial sector. Pusula Finans' subsidiaries specialize particularly in portfolio management and investment services, and this acquisition is expected to contribute to Tera Group's customer base and product diversity. However, it is noted that detailed negotiations between the parties and regulatory approvals will be required for the transaction to be finalized. From a financial perspective, such an acquisition could increase Tera Group's consolidated revenues and market share. The existing customer portfolio and assets under management of Pusula Yatırım and Pusula Portföy may allow the group to benefit from economies of scale. Katılım Evim's expertise in real estate financing is seen as complementary to Tera Group's range of financing services. As the process is still in its early stages, critical details such as the acquisition price and share ratios have not been disclosed to the public. While investors and market participants closely monitor developments, Tera Group's competitiveness in the financial sector is expected to increase if the transaction is completed. Company officials have stated that information will be provided in accordance with legal regulations as the process progresses. This is not investment advice.