Turkcell agrees to buy 11% stake in TOGG for EUR 88 million
TKC•Turkcell agreed to acquire an 11% stake in electric passenger vehicle producer TOGG for EUR 88 million, increasing its stake to 34%.
1. Stake purchase agreement
Turkcell signed an agreement on November 2, 2026, to buy 796,567,640 TOGG shares held by AG Anadolu Grubu Holding for EUR 88 million. The transaction is subject to regulatory approvals and other conditions, with payment due in cash at completion.
