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Turkey's biggest shipper UN Ro-Ro is said to plan IPO this year

UN Ro-Ro, Turkey's biggest RoRo carrier, is allegedly gearing up for an initial public offering, say sources with knowledge of the plans.

Turkey's biggest operator of roll-on, roll-off transport vessels is planning an initial public offering this year, according to three people with knowledge of the plans.

Actera Group and Esas Holding AS, the owners of UN Ro-Ro Isletmeleri AS, are likely to work with Citigroup Inc. and Morgan Stanley on the deal, said the people, asking not to be identified because the discussions are private. They are also talking to local firms Is Yatirim Menkul Degerler AS and Garanti Yatirim Menkul Kiymetler AS, the people said.

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