Turkish Capital Markets Board freezes Tera Investment voting rights over failed mandatory tender offer
The board also suspended trading of some shares after Tera Investment Holding failed to complete its mandatory bid for Peker GYO.

KEY POINTS
- SPK froze voting rights of Tera Investment Holding and affiliated firms
- Trading of some shares on Borsa Istanbul was suspended
- Tera failed to complete mandatory tender offer after taking control of Peker GYO
- Sonsöz says affected investors may seek legal remedy
Turkey's Capital Markets Board (SPK) froze the voting rights of Tera Investment Holding and some affiliated companies and funds. The decision came after Tera failed to fulfill its mandatory share tender obligation following its acquisition of management control of Peker Real Estate Investment Trust (GYO).
The board also decided that trading of certain shares on Borsa Istanbul would be suspended.
“Investors who suffered losses may apply to the courts.”
Sonsöz Gazetesi reported that investors who suffered losses may apply to the courts.
Iz Gazete published its report at 21:08 on October 19, 2026, while Sonsöz Gazetesi followed at 23:22 the same day.
3 more sources below
COMMENTS (0)
No comments yet. Be the first.
RELATED STORIES

Argentina's Disability Law Faces Veto Threat Ahead of Wednesday Vote
The government remains divided over the disability bill, while Milei's office keeps a total or partial veto on the table if the measure affects the budget.

Journalist Ismail Ari Detained Again Over RTÜK Chief Complaint
BirGün journalist Ismail Ari was detained and sent to court following a complaint by former RTÜK head Ebubekir Sahin.

Tinubu Rules Out Fuel Subsidy Return, Warns Nigeria Would Go Bankrupt
President Tinubu says reversing petrol subsidy removal would bankrupt Nigeria and compares it to asking Moses to return to Egypt.
- Trump’s East Potomac Golf Plan Faces Legal Hurdle After Press Secretary’s Edited Photo
- Libyan parliament approves Turkey maritime deal, Fidan calls Dbeibah and Haftar
- Maldives President Muizzu Visits Pakistan, 20 MoUs Signed
- French riots and debt crisis pressure markets
- Tesla and SpaceX form committees to explore $3.5 trillion merger
This page was compiled with AI assistance from the outlets named above and passed an automated language check before publication. Montegre has no reporters of its own; the byline names the outlets the story was compiled from. Method and editorial standards