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ARTICLE · 09 MARCH 2026

Turkish Competition Authority Publishes 2025 Merger And Acquisition Overview Report

Kolcuoglu Demirkan Koçakli
Kolcuoglu Demirkan Koçakli
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Kolcuoglu Demirkan Koçakli

Kolcuoglu Demirkan Koçakli

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The Turkish Competition Authority's ("TCA") Economic Analysis and Research Department published the 2025 Mergers and Acquisitions Overview Report (the "Report") on 7 January 2026.

TurkeyAntitrust/Competition Law
Hande Afşaroğlu
Hande Afşaroğlu
Dafne Eryalçın
Dafne Eryalçın
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The Turkish Competition Authority's ("TCA") Economic Analysis and Research Department published the 2025 Mergers and Acquisitions Overview Report (the "Report") on 7 January 2026.1 Prepared based on merger control notifications and data submitted to the TCA over the past year, the Report contains many important data points, such as the number of transactions, transaction value, source of investments, and the number and value of foreign investments made in Turkish companies. The Report serves as a guide for observing investor behavior and the course of mergers and acquisitions in Türkiye.

Highlights of the Report

  • In 2025, a total of 416 mergers and acquisitions were reviewed and decided upon by the TCA. This number stands out as the highest number of transactions among the reports published by the TCA since 2013. This represents a 33,8% increase compared to the previous year. Furthermore, the total number of transactions examined in 2025 is above the average of

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