Turkish grocery retailer Şok Marketler, backed by Turkey-based investment firm Gözde Girişim and Templeton Private Equity Partners, has floated on Borsa Istanbul at TRY 10.5 per share, raising TRY 2.3bn.
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Previous backer Cambridge Enterprise and newcomer Future Care Capital also take part in the funding
Jadeberg will invest the proceeds of divesting its second fund on a deal-by-deal basis
Founder Olaf Schmitt and his management team retain a significant stake alongside Kieger