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Turkish retail chain Be?endik, which also owns Real hypermarket stores in the country, has applied for a suspension of bankruptcy, with a court deciding to appoint trustees as a measure.

Tesco's subsidiary in Turkey has decided to hang onto some of its stores instead of selling them to rival Turkish retailer Be?endik after their performance improved strongly, it said on Jan. 2.

Be?endik's chief executive said in September that the company planned to buy 10 stores from Tesco Kipa as part of expansion plans that could ultimately lead to a stock market listing.

Turkish retail chain Be?endik, which bought 12 stores of Europe's supermarket chain last year, plans to complete the acquisition of 10 Tesco Kipa stores in Turkey by the fourth quarter, as many foreign retail chains have left Turkey in recent years as they had difficulties competing with local players. 

Galatasaray beat city rival Be?ikta? 2-0 in a Spor Toto Super League game at Türk Telekom Arena in Istanbul on May 24, all but clinching a third title in four years with just one week remaining.