The Commercial Bank (PSQC) advised AnadoluEndüstri Holding A ? that the Qatari regulatory authorities have granted their approval to the exercise of put option at Alternatifbank A ?.
This approval completes all of the necessary authorisations for the exercise of put option. The subsequent share transfer is planned to be made in the second half of December 2016.
On completion of the share transfer, Alternatifbank A. ?. will become a 100% subsidiary of The Commercial Bank (PSQC).
