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MERCAN KIMYA ANNOUNCED ITS NEGOTIATIONS FOR THE PROSPECTIVE EQUITY INVESTMENT IN THE FEVUP.


We have some big news to share!


We are thrilled to announce that we are negotiating to close an equity investment deal to our company Fevup Brands E-Ticaret ve Bilişim Teknolojileri Anonim Şirketi by Mercan Kimya Sanayi ve Ticaret Anonim Şirketi (BIST: MERCN), a Denizli-based Turkish company, as Mercan Kimya has made the news public with their latest material event notification published on the Public Disclosure Platform (KAP) here.


https://www.kap.org.tr/tr/Bildirim/1219227


As one of the leading R&D companies in the chemical industry, Mercan Kimya was established in 2004 with the experience it has built up over the years, has reached eighty-five countries in five continents, and has made a name for itself with its investments in the cosmetics and detergents industries in both Turkey and abroad thanks to the group companies under its wing, and its shares have also been traded on the Istanbul Stock Exchange since 2021. We have no doubt that having Mercan Kimya, a pioneer in its field, as an investor will have an immense impact on our corporate culture and our ability to invest in the areas most needed by our organisation, which are the keys to sustainable success.


Stay tuned and check our website and KAP for more details in the coming days!

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