The Turkish satellite pay-TV operator Digiturk is to be listed on the London Stock Exchange (LSE). Local reports indicate that Lehman Brothers and Credit Suisse have been appointed to advise on the IPO, which will see around 30% of the company floated. Digiturk, which is valued at around $1.5 billion (€1.11 billion), is currently owned by Cukurova Holding (53%) and Providence Equity Partners. Launched in 2000, it has around 1.2 million subscribers.
