Turkey to allow Qatar Armed Forces to acquire share worth of $72 million in the BMC Company 0306143
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Defence & Security News - Qatar
|Tuesday, June 3, 2014 08:45 AM|
|Turkey to allow Qatar Armed Forces to acquire share worth of $72 million in the BMC Company.|
Turkey's ES Mali Yatirim, owner of anti-landmine vehicle manufacturer BMC, asked the competition authority for permission to have Qatar army's industry committee on its board to help with BMC's recovery. Turkish investment company, ES Mali Yatirim, sought permission to have Qatar’s army invest in the company in order to resume production in its recently acquired military vehicle manufacturer.
Kirpi MRAP of BMC Company at Eurosatory 2010, Defense Exhibition in Paris, France.
According to Turkey's competition authority, ES Mali Yatirim asked the authority on Monday to allow Qatar Armed Forces Industry Committee to acquire shares worth 150 million Turkish liras (US$72 million) in the company.