Novaturas announces a 23.2% share sale agreement with Turkish businessman N. Kockar

Baltic tour operator Novaturas announces the signing of an agreement under which the company is implementing the first stage of a transaction with a strategic investor: 23.2% of the company’s shares is being acquired by Neset Kockar, a well-known Turkish tourism businessman and investor, who owns businesses in international aviation, real estate, tourism and other industries. The second and final stage of the planned transaction is expected to be completed by autumn. “The arrival of Mr Kockar as a strategic ...