Approval process for Hepsiburada's sale to Kaspi.kz completed
E-commerce platform Hepsiburada has announced that the necessary approvals for the transfer of its 65.4 percent stake to Kazakhstan-based Kaspi.kz have been completed.
According to the statement, within the scope of the share purchase agreement signed on October 17, 2024, the written approvals granted by the Turkish Competition Authority, the Banking Regulation and Supervision Agency, the Information and Communication Technologies Authority, and the Central Bank of the Republic of Turkey regarding the acquisition of a total of 65.4 percent of Hepsiburada's shares by Kaspi.kz were completed as of January 2, 2025.
Extraordinary General Assembly on January 31
In a statement made by Hepsiburada to the NASDAQ Stock Exchange regarding the matter, it was announced that the Hepsiburada Extraordinary General Assembly will be held on January 31, 2025.
The election of Hepsiburada's new Board of Directors will also take place at the Extraordinary General Assembly.
News Source: İHA
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