UCP Holdings, Inc. (OTCPK:UCPH) acquired 11.66% stake in Cosmos Yatirim Ortakligi AS (IBSE:COSMO) from Sinan Bilgin for $0.6 million on August 12, 2013. As part of the transaction, UCP Holdings, Inc. acquired 0.7 million shares of Cosmos Yatirim Ortakligi AS in exchange for 1.5 million shares of UCP Holdings, Inc. The transaction is subject to UCP Holdings completing due diligence of Cosmos Yatirim Ortakligi. The deal is approved by the Board of Directors of UCP Holdings, Inc. Andrea Cataneo of Sichenzia Ross Friedman Ference LLP acted as legal advisor for UCP Holdings, Inc.


UCP Holdings, Inc. (OTCPK:UCPH) completed the acquisition of 11.66% stake in Cosmos Yatirim Ortakligi AS (IBSE:COSMO) from Sinan Bilgin on August 12, 2013.