The pension fund of the Turkish military thrives in the midst of the economic crisis

While many firms are scrambling to stay afloat in the midst of the economic crisis in Turkey, the pension fund of the Turkish military, OYAK, is preparing for a major acquisition in the fuel distribution sector, a move that reflects its growing economic power and influence in critical sectors. The company, which entered into talks in November to purchase Demiroren Holding's fuel and autogas activities, has agreed to pay around $450 million....