Tarsus buys 70 per cent of Turkish Life Media20th March 2012 | published by EW SHARE
Tarsus has agreed to purchase a 70 per cent stake in Turkish exhibition organiser Lifemedia Fuarcilik A.S. (“Life Media”), nearing its aim to make half of all revenues from emerging markets by 2013. The firm will pay an initial fee of £10.44m (TL30.0 million) for the stake, with estimated deferred payments of a further £5m due next year. The deal was brokered by Mayf...
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