Esas Holding

Ali Sabanci, the chairman of the company that owns Turkey's low-cost carrier Pegasus Airlines, was injured in a boat accident while vacationing in Greece, the company said Friday. His wife, businesswoman Vuslat Dogan Sabanci, was also injured.

A statement from Esas Holding did not provide details on their conditions but media reports said the two were seriously hurt.

Şevket Sabancı, a billionaire member of Turkey's Sabancı family, died at the age of 85, local media reported on July 22.

He was one of the four sons of Hacı Ömer Sabancı, the founder of companies that later formed Sabancı Holding, Turkey's second-largest industrial group.

Şevket Sabancı was the deputy chairman of Sabancı Holding until 2004.

The European Bank for Reconstruction and Development (EBRD), Actera - the leading private equity investor in Turkey - and Esas Holding - a venture capital firm established by the Sabancı family -are acquiring a majority stake in Korozo, the leading Turkish producer of flexible packaging, the EBRD said in a statement on April 25. 

Pegasus Airlines has reached an agreement to buy Air Berlin's 29.51 percent of stake in their subsidiary İzAir for 1.2 million euros, the carrier said in a written statement late on March 8. 

The share of the company in İzAir will increase to 98.63 percent after the deal is finalized and approved by authorities, according to the statement to the Public Disclosure Platform (KAP). 

CJ CGV Co Ltd, South Korea's largest movie theater chain operator, and its partners will acquire 100 percent of Turkey's MARS Entertainment Group for 605 million euros ($687.82 million), Reuters has reported.