Turkey's Strategic Public Companies are left defenseless! Dirt cheap

Turkeys Strategic Public Companies are left defenseless! Dirt cheap
Date: 14.12.2021 12:05

As the exchange rate increases, companies lose value! The rise of the currency against the Turkish Liras (TL) makes the country 'dirt cheap’.

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Turkey's strategic public companies, which are defenseless in the face of the exchange rate, if no precautions are taken, they will fall into the hands of foreigners for their money! Experts state that it is inevitable to make legal arrangements so that companies do not fall into the hands of foreigners for money.
 

AT THE PRICE OF APPETIZER FOR FOREIGNERS! 

 
The dollar rose above 14,50 TL by seeing its historical peak against TL. After what happened with the dollar exchange rate, Turkey's most important big companies were left defenseless. It is only a matter of time before the strategic companies fall into the hands of foreigners, unless measures are taken for companies whose values are falling against the dollar. Companies that were previously worth of million-dollars dropped the price of appetizer for foreigners as the dollar rose. Seeing the decrease in TL, foreigners entered the race to buy companies in Turkey for cheap price. 
 

STRATEGIC COMPANIES COVETED 

 
On the other hand, it is stated that especially defense industry companies in Turkey are target of foreigners. Although the claims that the Turkish defense industrial company ASELSAN will be sold to the United Arab Emirates are denied recently, it is stated that many countries are trying to seize strategic companies by turning the crisis in Turkey into an opportunity.
 

YEREL HABERLER

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