Turkey's Sisecam says unit's talks with France's Arc end with no offer

Date: 3 September 2014
Source: www.isinvestment.com
Turkey's biggest glassmaker Sisecam said on Tuesday its Pasabahce unit, which makes tableware and home furnishings, has ended talks to acquire shares in Arc International, a French household goods maker.

Pasabahce had signed a non-disclosure agreement regarding the non-binding talks, which have been concluded with no offer, Sisecam said in a filing to Istanbul Stock Exchange.Turkey's biggest glassmaker Sisecam said on Tuesday its Pasabahce unit, which makes tableware and home furnishings, has ended talks to acquire shares in Arc International, a French household goods maker.  

Pasabahce had signed a non-disclosure agreement regarding the non-binding talks, which have been concluded with no offer, Sisecam said in a filing to Istanbul Stock Exchange.

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