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Can Turkish IPO market ride in slipstream of Pegasus? Add to ...

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Turkish IPOs could ride in the slipstream of Pegasus Airlines. The long-awaited initial public offering of the fast-growing low-cost carrier is the largest the country’s lumpy new-issues market has seen for two years. Success could encourage more large firms to list and help the government fulfill its ambition of turning Istanbul into a top global financial centre within the next decade.

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