Bloomberg News

Yemeksepeti.com in Talks to Sell Stake to Investors, CEO Says

February 17, 2012

Feb. 17 (Bloomberg) -- Yemeksepeti.com, an Istanbul-based company offering web-based meal order services, is in talks with private equity and venture capital firms to sell a stake of 10 to 15 percent, chief executive officer Nevzat Aydin said.

Three major shareholders including Aydin, who is also the co-founder of the company, own 70 percent of the company, Aydin said in a telephone interview yesterday.

A decision on whether to sell the stake or not will be made by the end of March, Aydin said.

--Editors: Tim Farrand, Peter Woodifield

To contact the reporter on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net


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