Vestel, Anadolu Agree to Sell TOGG Stakes for €184 Million Each
Vestel Elektronik and Anadolu Group Holding said they signed agreements to sell their stakes in Turkish electric vehicle maker TOGG to Turkey’s sovereign wealth fund and Turkcell for €184 million ($206 million) each.
Vestel Elektronik BIST:VESTL and Anadolu Group Holding BIST:AGHOL said on Tuesday they had signed agreements to sell their stakes in Turkey's electric vehicle maker TOGG to the country's sovereign wealth fund (TVF) and Turkcell BIST:TCELL for €184 million ($206 million) each.Three sources familiar…