Deadline for Cukurova payment in row over Turkcell stake pushed back
ISTANBUL (Reuters) - The deadline for Turkey's Cukurova Group to pay the $1.6 billion (983.2 million pounds) needed to recover a disputed controlling stake in Turkey's biggest mobile phone operator Turkcell has been pushed back, a British court said on Wednesday.
The Privy Council said that the deadline would be postponed until 60 days after a ruling in a separate case being heard over the dispute between major Turkcell shareholders by the U.S. Court of Appeals in New York.
(Reporting by Ece Toksabay; Editing by Nick Tattersall)
