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Back|Pusula Portföy announced that the acquisition process with Tera Group continues
Pusula Portföy announced that the acquisition process with Tera Group continues
Developing
Cumhuriyet·12 hours ago·Business·2 min read·🇹🇷Türkiye·

Pusula Portföy announced that the acquisition process with Tera Group continues

Quick Look

  • A statement was made regarding the allegations that Pusula Portföy Chairman of the Board of Directors, Muhammet Yarız, escaped to Greece.
  • Pusula Finans Holding stated that the share transfer transaction carried out with Tera Group reached an agreement on the basic commercial and financial terms and that the process is continuing.

AI-generated summary

Why It Matters

The share transfer transaction between Pusula Finans Holding and Tera Group was announced to the public with special event disclosures made on 9 and 10 September 2026. Later, the parties announced that they had reached an agreement on the basic commercial and financial terms of the transaction.

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Pusula Portföy, whose president allegedly fled abroad, announced that the process for the takeover of Pusula Finans Holding and its affiliates by Tera Group companies is continuing.

It was claimed that Pusula Portföy Chairman Muhammet Yarız fled to Greece by boat from Marmaris and an arrest warrant was issued for him.

A STATEMENT CAME AFTER THOSE ALLEGATIONS

A decision was made to ban Serdar Turhan, Chairman of the Board of Directors of Pusula Holding and Katılımevim, from traveling abroad. Pusula Finans Holding announced that the acquisition process with Tera Group continues.

In the special event statements made by the company on September 9 and 10, 2026, Pusula Finans Holding A.Ş. with its shares in Pusula Finans Holding A.Ş. It was announced that negotiations had begun for the acquisition of the shares in the economic integrity of the affiliated companies owned by Tera Group companies.

It was subsequently announced to the public that the parties had agreed on the basic commercial and financial terms of the planned share transfer transaction.

The following statements were used in the statement:

"Declaration on Public News and Evaluations: In the special event statements made by our company on 09.09.2026 and 10.09.2026, it was stated that negotiations for the acquisition of the shares of Pusula Finans Holding A.Ş. and the shares of economic integrity consisting of the subsidiaries of Pusula Finans Holding A.Ş. and its shareholders by Tera Group companies were initiated, and subsequently, the parties agreed on the basic commercial and financial conditions of the planned share transfer transaction. It has been announced to the public that an agreement has been reached between the parties. Due to some news and evaluations that have been reflected to the public recently, it has been deemed necessary to make the following statement in order to inform our investors accurately and completely about the transaction in question and Tera Group's approach to the issue.

The developments in question, which were reflected to the public, Pusula Finans Holding A.Ş. It should be emphasized that there is no change in the legal entities, activities and corporate structures of Tera Group and its subsidiaries, as well as Tera Group's strategic assessment and financial vision regarding the planned acquisition. The transaction planned by Tera Group; It was evaluated in line with the objectives of increasing the scale and diversity of activities in the fields of capital markets, portfolio management, investment services and financial services, developing different financial service areas under the same strategic vision and creating a strong, integrated financial ecosystem, and an agreement was reached on basic commercial and financial terms between the parties.

In this context, Tera Group's evaluation of the transaction was made based on the fields of activity of the companies within the Pusula Group, their corporate capacities, their financial infrastructure and their contribution to the long-term growth strategy of the Tera Group. Developments that are reflected in the public and are independent of the legal entities and activities of the companies do not constitute an issue that changes this strategic and financial evaluation. In this respect, the process regarding the planned share transfer transaction, which was previously announced to the public, continues; Completion of the transaction depends on obtaining the necessary permissions and approvals from the relevant regulatory and supervisory authorities and the fulfillment of other closing conditions agreed upon by the parties.

Tera Group resolutely pursues its strategic vision of creating long-term value in the field of financial services, diversifying its activities and creating a strong financial ecosystem. Important developments regarding the process will be shared with the public and our investors within the framework of the provisions of the Capital Markets Board's Special Circumstances Communiqué numbered II-15.1. It is announced with respect for the information of savers and the public."

What to Watch

AI outlook — possibilities, not facts

  • The acquisition transaction between Pusula Finans Holding and Tera Group will receive the approval of the relevant regulatory authorities and will be completed.

    Likely · Within months

Open Questions

  • ?What is the truth of the allegations that Muhammet Yarız fled to Greece?
  • ?What are the details about Pusula Finans Holding's travel ban abroad?
  • ?When is the completion date of the acquisition between Tera Group and Pusula Finans Holding estimated?

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This article was originally published by Cumhuriyet.

Quick Look

  • A statement was made regarding the allegations that Pusula Portföy Chairman of the Board of Directors, Muhammet Yarız, escaped to Greece.
  • Pusula Finans Holding stated that the share transfer transaction carried out with Tera Group reached an agreement on the basic commercial and financial terms and that the process is continuing.

AI-generated summary

Story signals

News tone
Neutral
Emotional intensity
Medium
News value
Moderate
Global impact
National
Urgency
Developing
Follow-up likelihood
Likely
Relevance window
Weeks

Source & Reliability

Source
Cumhuriyet
Source quality
Full
Published
12 hours ago
View original
compass portfolio
tera group
Muhammad Yariz
compass portfolio
Muhammet Yariz
Serdar Turhan
Compass Portfolio
Pusula Finans Holding
Tera Group
Pusula Holding
marmaris
Greece
tera group
Muhammad Yariz
serdar turhan
share transfer
capital market board

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