Unexpected sale in the media world! Ciner Media Group has transferred all its shares to Can Group

Park Group has transferred all its shares in Ciner Media Holding to Can Group, which owns Bilgi University and Doğa Colleges. The holding company included media outlets such as Habertürk, Show TV, and Bloomberg HT. Statements regarding the sale were published on the HaberTürk website.

STATEMENT FROM PARK AND CAN GROUPS

A contract has been signed for the transfer of all of Park Group's shares in Ciner Media Holding to Can Group, which also owns significant institutions such as Bilgi University and Doğa Colleges. A statement regarding the matter was issued by both the Park and Can groups.

- Park Group has decided to terminate its media investments in line with its goal of focusing on global leadership in the mining industry as its primary sector.

- Within the framework of this decision, a contract has been signed for the transfer of all of Park Group's shares in Ciner Media Holding to Can Group, which also owns important educational/cultural institutions of our country such as Bilgi University and Doğa Colleges. The transfer will take effect following the approval of the Competition Board.

We respectfully announce this to the public with the belief that this transfer will bring a new breath and strength to the media and our media employees.

STATEMENT FROM CAN GROUP

The statement made by Can Group regarding the matter included the following expressions:

"- We have signed a contract with Park Group, one of our country's leading and respected business groups, regarding the acquisition of all shares of Ciner Media Holding owned by Park Group.

We extend our thanks to Park Group for their courtesy and respectful approach.

Following the completion of the transfer procedures, our investments in the media sector will be managed by Mr. Mehmet Kenan TEKDAĞ, Chairman of the Board of Directors of Ciner Media Holding, as the sole and full authority.

We respectfully present this to the information of the public."