Turkey’s star listings languish in post-IPO trading doldrums If there was pent-up demand from investors for new Turkish stocks after four years of meager supplies, it isn’t showing.

Political turmoil, slower growth seen driving companies abroad Bain expects more Turkish companies to invest in U.S., Europe Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries. Twenty four years after the deal to import coal directly from Russia was sealed, the impetus to expand Yildirim Holding AS beyond...

Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries. Twenty-four years after the deal to import coal directly from Russia was sealed, the impetus to expand Yildirim Holding AS beyond its Turkish home base is stronger than ever. The political fallout from a failed coup in July last year is hindering...

(Bloomberg) -- The world’s third-largest biscuit maker plans to refinance loans and sell shares in various businesses to strengthen hubs in the U.K. and Turkey and drive an expansion in the more than 120 markets in which it distributes. Yildiz Holding AS, owned by Turkish billionaire Murat Ulker, will roll over more than $1 billion in loans belonging to its United Biscuits Holdings Plc and Ulker Biskuvi Sanayi AS units at lower rates, Chief Financial Officer Mustafa Tercan said in an...

(Bloomberg) -- Burger King’s biggest franchisee outside the U.S. is planning to list shares in New York as early as next year, according to people familiar with the matter. Turkey’s TFI TAB Gida Yatirimlari AS -- which owns the Restaurant Brands International Inc. burger chain franchise in China and Turkey through its TAB Gida unit -- is working with Moelis & Co., Goldman Sachs Group Inc. and Credit Suisse Group AG, two of the people said, asking not to be identified because the matter is...