Soooo, where are all the people who were defending BMC getting Altay the tender?
Hmm, its so quiet in here, i wonder why.
I don't understand what there is to be defended? The tender still belongs to BMC doesn't it?
This is how business works by the way guys. Shareholders can sell their shares to other investors and the company in question will still operate the same way it did as before. Getting a new owner does not nullify any tenders, procurements or investments. Not only that, the new investor, Tosyali Holding most likely bought the company because of all the projects on BMC's plate.
Personally, I don't feel either way about whoever the owner is of BMC or any other company. I analyze the strategy (try to at least) of companies themselves to get a better picture of what the company is about and what their goal is.
However, I am hoping all the ideological discussions revolving around BMC will be put to rest with the new majority owner (Tosyali) and CEO (Yalcintas), because those discussions were really disappointing and frustrating to see, to say the least.
I don't know the details regarding this aqcuistion, but juding from the source in the original post, Tosyali Holding bought the majority shares and the Ethem Sancak was replaced. This suggests that Tosyali bought Ethem Sancak's shares but this is not certain. I doubt the Qatari's sold their shares within the company though as Qatar's strategy for investment suggests that they seek to be independent from oil exports as well as (I think) to minimize risk regarding military hardware procurement.
