Nasdaq Sells Stake in Borsa Istanbul

Posted on 09/30/2018


The Turkey Wealth Fund acquired Nasdaq’s stake in Borsa Istanbul A.S. on September 26, 2018. The wealth fund’s ownership stake in Borsa Istanbul increased from 73.59% to 80.59%. Nasdaq acquired the 5% stake in Borsa Istanbul in December 2013 and raised its stake to 7% after a period thereafter.