Turkey's Sabanci (SAHOL.IS) cement group chairman Mehmet Gocmen said the group is seeking buyouts in the region and may spend between 1 and 1.5 billion lira ($660 million-$988 million) for takeovers this year.
The group is also interested in acquiring domestic cement makers and may buy Afyon Cimento (AFYON.IS), Gocmen told reporters late on Thursday.
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