Turkey’s privatisation authority has extended the deadline for bids for its alcohol and tobacco operations until October 24.

The original closing date for offers for the state-owned alcohol firm, Alkollu Ickiler Sanayi ve Ticareti AS, which is part of the state-owned alcohol and tobacco monopoly, Tekel, was September 26.

Tekel said the deadline had been extended on account of significant interest from potential investors.

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