The holding had also sold 53.56 percent of Tire Kutsan to Austria-based Mondi Packaging for $106 million a while ago. Yıldız Holding's share in FFK will decline from 87.38 percent to 27.38 percent following the sale of shares, according to a company statement to the Istanbul Stock Exchange (IMKB) Tuesday. The sale values FFK at $160 million, but the market value of the company stood at $253 million at the IMKB. After the company statement, FFK shares plunged, losing 16.5 percent Tuesday. Yıldız Holding had entered a period of restructuring, including Ülker, the flagship food giant. The number of strategic partnerships and co-ops will increase within the framework of restructuring, company officials had told business daily Referans after the sale of shares in Tire Kutsan in July. The Ülker Group had purchased 83.8 percent of Toprak Leasing in July 2005 for $14.3 million, from the Savings Deposit Insurance Fund (TMSF). In October 2006, Toprak Leasing joined Fon Financial Leasing. The FFK reaped a profit of YTL 13.9 million in nine months. Global Investment House KSCC is a private equity fund founded in 1998. Holding 3 percent shares of TAV Airports Holding, the group is estimated to be worth $8.4 billion. Global Investment House KSCC is interested in other companies in Turkey, said officials speaking to Referans.