D-Market Receives Regulatory Approvals for Stock Sale to Kaspi.kz

MT Newswires Live
01-03

D-Market Electronic Services & Trading (HEPS) said Friday it has received all four regulatory approvals required for the sale of 65.4% of its outstanding shares to Kaspi.kz (KSPI), as outlined in the October 2024 stock purchase agreement between Kaspi.kz and selling shareholders.

The approvals were granted by the Turkish Competition Board, the Banking Regulation and Supervision Agency, the Information Technologies and Communications Authority, and the Central Bank of Turkiye, the company said.

D-Market said its board has called for an extraordinary general assembly meeting on Jan. 31.

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