2019 M&A Status Report Of TCA Published

On 8 January 2020, Turkish Competition Authority's (TCA) Economic Analysis and Research Department published its 2019 M&A Status Report ("Report"). The Report includes statistical data on M&A transactions that are concluded by the Competition Board in 2019.¹ Featuring as one of the most important data sets for an overlook on M&A deals notified before the Turkish Competition Authority and for foreign investor behaviour, the Report contains significant data especially on deal counts, transaction values and transactions including foreign investments made to Turkish companies.

Highlights from the Report

• The Competition Board concluded a total of 208 M&A decisions in 2019. 38 of these transactions involved all Turkish parties, 51 transactions involved at least one Turkish or foreign party and 115 transactions involved foreign undertakings.² The target undertakings were Turkish companies in 91 of these transactions, whereby the remaining 113 transactions concerned