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M&A Encumbered Risks Damping Hot Money Bond Party: Turkey Credit |
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2013-02-19 21:26:54 |
 By Ercan Ersoy - Reuters - Turkish company valuations at double those of peers augur another challenging year for mergers and acquisitions, leaving the country more dependent on so-called hot money to finance its current-account shortfall. M&A deals, which last year fell to 30 percent of their pre- financial crisis average, may struggle to overcome an increase in prices, according to Istanbul-based buyout firms Unlu & Co. and Turkven Private Equity. The enterprise value of listed Turkish companies is 9.5 times earnings before interest, tax, depreciation and amortization, more than double Russia and Poland, according to data compiled by Bloomberg. The MSCI Emerging Markets Index multiple is 7.4.
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Mourners Pay Respects to NYC Mom Killed in Turkey |
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2013-02-15 15:10:19 |
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 New York — AP - Friends and strangers came to pay their respects Thursday to a New York mother of two who was killed while vacationing alone in Turkey. The viewing for Sarai Sierra was held at Christian Pentecostal Church on Staten Island on Valentine's Day, which marked the 15th anniversary of Sierra's engagement to husband Steven, a New York City bus driver. The 33-year-old Sierra disappeared Jan. 21, and her body was discovered 12 days later near Istanbul's ancient city walls. Police say she suffered a fatal blow to the head.
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Turkish Police Reportedly Hunt for homeless man suspected of Killing American Woman |
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2013-02-15 10:23:20 |
 Turkish authorities probing the murder of an American woman in Istanbul are reportedly hunting for a homeless man who may have attacked her near the city's ancient walls on the day she disappeared. Istanbul police are searching for the man, identified only as "Z," in their investigation into the death of 33-year-old Sarai Sierra, of Staten Island, N.Y., whose body was found Feb. 2 near remnants of the city's ancient walls, according to the Turkish newspaper, Vatan.
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Sarai Sierra: A Passage to Turkey |
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2013-02-11 21:36:40 |
Sarai's family was visited by Turkish local association.
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Last Updated ( 2013-02-11 21:36:57 )
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Body of N.Y. Woman Murdered in Turkey Being Flown Home |
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2013-02-08 00:28:48 |
 (AP) ISTANBUL - Turkey's state-run agency says the body of a New York City woman killed while on a solo vacation in Turkey is being returned home. The Anadolu Agency says a casket carrying the remains of Sarai Sierra was loaded onto a New York-bound plane on Thursday. The agency said Turkish Airlines is transporting the body for free. |
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Last Updated ( 2013-02-08 00:29:25 )
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