Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Doğuş plans IPO to boost restaurants, including 'Salt Bae' steakhouse

by Daily Sabah

ISTANBUL Jan 18, 2018 - 12:00 am GMT+3
Photo shows Nusret Gu00f6ku00e7e, the founder of steakhouse chain Nusr-Et. (FILE Photo)
Photo shows Nusret Gu00f6ku00e7e, the founder of steakhouse chain Nusr-Et. (FILE Photo)
by Daily Sabah Jan 18, 2018 12:00 am

Turkish-owned Doğuş Holding is planning an initial public offering (IPO) for its restaurant business, which will also include steakhouse chain Nusr-Et, in 2019 to help fund the international expansion of its restaurants.

According to a report Thursday by Bloomberg, which cited "people with knowledge of the matter," billionaire Ferit Şahenk wants to create a spin-off for some of the restaurants under Doğuş Restaurant Entertainment & Management, and possibly sell a dollar-denominated bond later in the year, followed by an IPO in London in 2019.

This separate unit will most likely include, among others, the franchise of Japanese franchise Zuma and Nusr-Et steakhouse founded by Turkish chef Nusret Gökçe, aka the "Salt Bae," the report said.

Gökçe gained the nickname after going viral with an Instagram video showing him slicing meat and seasoning it in perhaps the most "sensual" way possible.

In a written statement, the holding acknowledged the importance of the fast-growing food and beverages industry, and said that it has many plans to support its growth in this area in 2018.

The group's restaurant business Doğuş Restaurant Entertainment and Management, also known as D.ream, operates more than 160 outlets including Zuma, Da Mario, Fenix, Rüya, Gina and Günaydin.

Doğuş Holding is among the top three largest private sector conglomerates in Turkey, and Şahenk, who is the chairman of Doğuş Holding conglomerate, is one of the richest people in Turkey.

  • shortlink copied
  • Last Update: Jan 18, 2018 5:31 pm
    RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    homepage
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Egyptian collector preserves hundreds of classic cars
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021