MF
Kenan Investments, a subsidiary of DeA Capital, has completed the sale of the remaining stake of approximately 12% held in Migros. The entry into the leading operator of large-scale distribution in Turkey was in 2008. Since then, the company has doubled its stores and quintupled its revenues and operating margins. Over the years, DeA Capital had progressively reduced its stake in Migros, earning around 247 million euros, against an initial investment of 175 million euros.