The largest shareholder in Turkish discount grocer Sok Marketler has placed an order for a further $100 million in its upcoming stock market listing, one of the bookrunners said on Wednesday, a move that could help boost demand for the flotation.
The outlook for Sok's 2.6 billion lira ($608 million) initial public offering has been clouded after two Turkish clothing retailers - Beymen Magazacilik and DeFacto - cancelled their plans to list, citing low demand.