According to a Reuters report, Omer Bozer, head of Koc Holding’s retail and food group, said handover had been held up by the need for regulatory approval from a number of countries and other formalities.
Turkey’s Competition Board approved the US$1.5bn deal in March.
The deal was announced in February. BC Partners is buying 50.8% of outstanding shares from Koc and the private equity company said it would launch a tender offer for the remaining shares.
BC Partners and Koc Holdings were unavailable for comment as just-food went to press.