Posted by meb at February 25th, 2013
Pegasus, Turkeyâ€™s largest private air carrier, is planning to open up its shares to the public, according to the company.
The company applied to the Capital Markets Board (SPK) for a public offering on Feb. 22; the shares are expected to be opened either this year or next year.
The company initiated research in 2011 with the intention of setting up an initial public offering (IPO) earlier but had to postpone the plans due to waning investor interest in capital markets during the global financial crisis. (more…)