May 16, 2019 / 5:54 AM / 8 days ago

BRIEF-Eczacibasi Yatirim Holding To Divest 15.9% Shares In Unit Kaynak Teknigi Sanayi To Lincoln Electric At Estimated Amount Of $11.3 Mln

May 16 (Reuters) - ECZACIBASI YATIRIM HOLDING:

* SAID ON WEDNESDAY ECZACIBASI YATIRIM HOLDING AND ECZACIBASI HOLDING A.S. SIGN DEAL TO SELL 49.5% SHARES IN UNIT KAYNAK TEKNIGI SANAYI (33.7% FOR ECZACIBASI HOLDING A.S. AND 15.9% FOR ECZACIBASI YATIRIM HOLDING) TO LINCOLN ELECTRIC FRANCE

* ECZACIBASI YATIRIM HOLDING'S ESTIMATED RETURN FROM THE DIVESTITURE TO BE AT $11.3 MILLION

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Further company coverage: (Gdynia Newsroom)

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