Doha – Mubasher: The Commercial Bank of Qatar (CBQ) informed Anadolu Endüstri Holding A.Ş. that it has obtained the approval of Qatari regulatory authorities to the exercise of put option at Alternatifbank A.Ş.
This approval completes all of the necessary authorisations for the exercise of put option, according to a bourse filing released on Wednesday.
The subsequent share transfer is planned to take place in the second half of December 2016. Thus, Alternatifbank will become a 100% subsidiary of the CBQ.
