Blue chip Titan Cement announced on Wednesday it has signed an agreement for the sale of its 75% stake in Adocim Cimento Beton Sanayi ve Ticaret in eastern Turkey for $87.5 million in cash, with 50% of shares going to Mugla Cimento Sanayi ve Ticaret and the other 25% to Yurt Cimento Sanayi ve Ticaret.

