18.12.2013, 10:47
Zitat:US Bank Rebuffs Aselsan After China Deal
Dec. 16, 2013 - 01:28PM |
By BURAK EGE BEKDIL
Aselsan Could Become Involved in Long-Range Missile Defense Construction
ANKARA — Aselsan, Turkey’s biggest defense company, has become the first casualty of what could become a series of US sanctions on Turkish firms slated to help build an air defense system with the Chinese.
Bank of America Merrill Lynch, a US investment bank, has pulled out of a joint bid to advise Aselsan on the company’s second listing on Istanbul’s stock exchange, citing Turkey’s contract negotiations with China Precision Machinery Import-Export Corp. (CPMIEC) to build the country’s first long-range anti-missile air-defense system.
An Aselsan official confirmed Merrill Lynch’s withdrawal from a joint bid with Turkey’s Halkbank, but shrugged off the move.
“That’s hardly a blow to our planned listing,” he said. “We’ll go ahead ... possibly selecting another bank for the task.”
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Zitat:Turkey’s Aselsan open defense plant in Kazakhstan
ASTANA
Aselsan, a top military electronics company and Turkey’s largest defense firm, has opened a plant costing $44 million in Kazakhstan, along with Kazakhstan Engineering.
The new plant will meet the needs of Kazakhstan’s defense industry by producing nine electro-optical products, including thermal cameras and field glasses. Some 50 percent of the new factory is owned by Kazakhstan Engineering, 49 percent by Aselsan and 1 percent by Turkey’s Undersecretary of Defense Industries.
<!-- m --><a class="postlink" href="http://www.hurriyetdailynews.com/turkeys-aselsan-open-defense-plant-in-kazakhstan.aspx?pageID=238&nID=59359&NewsCatID=345">http://www.hurriyetdailynews.com/turkey ... sCatID=345</a><!-- m -->