Turkey Fund Assets of life insurance and pension company that owns the public (TVF) was taken over by.
From now on, Güneş Sigorta, Halk Sigorta, Ziraat Sigorta, Vakıf Emeklilik ve Hayat, Ziraat Hayat ve Emeklilik and Halk Hayat ve Emeklilik will operate under the Asset Fund as a single company.
Turkey’s company, TVF Fund Assets Financial Investments company’s cost will be 6:54 to 6 billion pounds. Except for 179.1 million TL of this amount, all of them will be paid with a special internal debt.
612.5 MILLION LIRA FOR SOLAR INSURANCE
According to the statements made by the companies to the Public Disclosure Platform, the Wealth Fund bought companies at market value.
According to the statement made by Vakıfbank, a contract has been signed today for the transfer of shares belonging to the company and representing 51.1 percent of the capital of Güneş Sigorta AŞ and Vakıf Emeklilik ve Hayat AŞ, to 53.9 percent of the capital. . And the share transfer is complete. According to Vakıfbank’s statement, the amount to be paid to the bank for Güneş Sigorta AŞ shares was determined as 2.22 TL per share and the total sales price was 612 million 586 thousand 127.65 TL. The sale price will be paid in full through a special government government domestic debt bill. The share value of Güneş Sigorta at the closing today was 2.82 lira. 38.9 percent of Güneş Sigorta’s shares are traded on Borsa Istanbul.
724.5 MILLION TL TO THE FOUNDATION PENSION
Vakıfbank also announced that the price to be paid to the bank for the shares of Vakıf Emeklilik ve Hayat AŞ was determined as 0.0896 TL per share and the total sales price was 724 million 584 thousand 226.21 TL. All of this will be paid with a special government government domestic debt.
As a result of the transactions, the share of TVF Financial Investments in Güneş Sigorta A.Ş.’s capital increased to 61.1 percent and the share of Vakıf Emeklilik ve Hayat AŞ to 62.9 percent.
931.2 MILLION AGRICULTURES PAYED FOR INSURANCE
According to the statement made by Ziraat Bank, the shares of the bank representing 99.97 percent of the capital of Ziraat Sigorta AŞ and shares representing 99.97 percent of the capital of Ziraat Hayat ve Emeklilik A.Ş. signed and share transfers completed. Accordingly, the price to be paid to the bank for Ziraat Sigorta AŞ shares was determined as 18.63 TL per share and the total sales price was 931 million 220 thousand 550.00 TL. The sales price will be paid by a special government government domestic debt.
THE BIGGEST PAYMENT OF AGRICULTURE TO LIFE AND PENSION
The amount to be paid to the bank for Ziraat Hayat ve Emeklilik AŞ shares was 23.00 TL per share and the total sales price was 1 billion 839 million 448 thousand liras. Again, the total price of the sale will be paid by the special government government domestic debt. At the end of the transaction, TVF Financial Investments’ share in Ziraat Sigorta AŞ’s capital and Ziraat Hayat ve Emeklilik AŞ’s capital increased to 100 percent.
179.1 MILLION TL FOR PUBLIC INSURANCE
In the statement made from Halkbank to KAP, shares belonging to the bank and representing 89.18 percent of the capital of Halk Sigorta AŞ and shares representing the entire capital of Halk Hayat ve Emeklilik AŞ were transferred to TVF Finansal Yatırımlar AŞ. Accordingly, the price to be paid to the bank for Halk Sigorta AŞ shares was determined as 0.0186 TL per share (1.86 TL for 1 TL nominal share). Of the total sales price of 578 million 904 thousand 511.54 TL, 399 million 778 thousand 774.87 TL will be paid in cash after the share transfer with the remaining private government government debt. 4.68 percent of Halk Sigorta’s shares are traded on Borsa Istanbul, the closing value today is 3.50 lira.
1.7 BILLION TL FOR PUBLIC LIFE AND PENSION
The amount to be paid to the bank for the shares of Halk Hayat ve Emeklilik AŞ was determined as 4,1149 TL per share and the total sales price was 1 billion 695 million 338 thousand 800 TL. The entire amount will be paid by the special government government domestic debt.
At the end of the transaction, the share of TVF Financial Investments in the capital of Halk Sigorta AŞ increased to 95.32 percent, and the share of Halk Hayat ve Emeklilik AŞ in its capital increased to 100 percent.
