Turkish discount retailer SOK expects to be listed.

The Turkish retailer Sok (4,700 stores, estimated sales of US$1.7 billion in 2016) plans an I.P.O in 2018. A Netherlands-based investor consortium controls 50%, plus 39% with Gozde Girisim, the investment arm ofthe food giant Yildiz Holding and 10% with Templeton Asset Management. Turkey’s I.P.O. market has slowly come back to life recently, with the listing of the jeans retailer Mavi Giyim, raising US$334 million in June 2017. Turkey’s G.D.P. should by 2.5% this year (IMF).