The Savings Deposit Insurance Fund (TMSF) has initiated the auction process for the sale of Bellona Furniture. The upset price for the auction has been set at 7 billion lira. According to the announcement published in the Official Gazette, the 100% shares of Bellona Furniture owned by the Treasury will be offered for sale through a combination of closed bids and open auction methods. The upset price for the auction is set at 7 billion lira, with a participation deposit of 350 million lira, a specification fee of 200 thousand lira, and a data inspection fee and facility visit fee of 500 thousand lira. Investors will be able to conduct data inspections and facility visits between March 17, 2025, and May 2, 2025. The deadline for submitting final bids is set for May 5, 2025. The offers received as part of the auction will be opened by the Auction Commission on May 6, 2025, at 10:00. Following the sealed bid stage, the auction will proceed to the open bidding phase.