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French firm acquires Turkey's Multinet for $90 million

ImageGroupe Cheque Dejeuner has said it purchased Turkish meal ticket provider Multinet from businessman Hayyam Garipoğlu. The transaction, announced at a press conference in Istanbul, is worth $90 million. Cheque Dejeuner ranks among the top three meal card providers in the world, alongside Sodexho and Edenred. Multinet, which was seized by the Savings Deposit and Insurance Fund, or SDIF, in July last year, was handed back to original owner Garipoğlu in accordance with a protocol dated April 9 of this year, the Daily News has learned.
  • Published in Turkey
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