Turkish Media Giant Sold to New Owner: Announcement Made – Latest Turkey News
Ciner Yayın Holding under New Ownership
In a recent announcement on Habertürk’s website, it was revealed that Ciner Yayın Holding has changed hands. The statement confirmed that a contract has been signed to transfer all of Park Group’s shares in Ciner Yayın Holding to Can Group, a company that includes institutions like Bilgi University and Doğa Colleges.
The decision to transfer ownership was made as part of Park Group’s strategy to focus on its main sector of the mining industry and global leadership goals. In their statement, the Park Group expressed their intention to terminate their media investments.
Can Group, in response to the acquisition of Ciner Yayın Holding, expressed their gratitude towards Park Group for their cooperation. They emphasized the respectful and kind approach of Park Group during the acquisition process.
Established in 2007, Ciner Yayın Holding is known for its popular television channels including Habertürk TV, Show TV, Bloomberg HT, and HT Spor. The change in ownership is expected to bring new opportunities and developments to the media industry under the management of Can Group.
