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ARTICLE · 18 JANUARY 2024

The Competition Authority Has Published The Merger And Acquisition Outlook Report

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The Competition Authority has published the Merger and Acquisition Outlook Report for the year 2023. In 2023, a total of 217 merger and acquisition transactions were reviewed by the Authority.

TurkeyAntitrust/Competition Law
Esra Agiç
Esra Agiç
Özge Tuncel
Özge Tuncel
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The Competition Authority has published the Merger and Acquisition Outlook Report for the year 2023. In 2023, a total of 217 merger and acquisition transactions were reviewed by the Authority. It is stated that in 97 of these transactions, the target companies were established under the laws of the Republic of Turkey, with a total transaction value of 163 billion TL (excluding privatizations).

Upon examining the report, it is noted that the total value of transactions among Turkish companies is approximately 81.9 billion TL. About 35 transactions were carried out by foreign investors, with an approximate transaction value of 68 billion TL. In terms of foreign investors, Germany (8 transactions), the Netherlands (5 transactions), and Luxembourg took the top three positions in transaction rankings. In 2022, the top 5 transactions by foreign investors were concluded by investors based in the Netherlands and the United Arab Emirates.

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