Sabancı Appoınts Fınancıal Advısors For Insurance Unıt

Turkish conglomerate Sabanci Holding (SAHOL.IS) said Friday it has appointed Citigroup Global Markets Limitedinvestment company Ak Yatirim Menkul Degerler AS as financial advisors to "evaluate strategic options" to contribute to growth targets of its subsidiary, Turkish insurer Aksigorta (AKGRT.IS).

Aksigorta shares Friday closed trading 1.55% higher at TRY1.96, on a 0.18% lower overall Istanbul market.