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ARTICLE · 27 JANUARY 2025

TURKISH COMPETITION AUTHORITY – 2024 Mergers And Acquisitions Outlook Report Published

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The 2024 Merger and Acquisition Outlook Report, which compiles data on mergers, acquisitions, and privatization transactions concluded by the Turkish Competition Authority ("TCA"), has been published.

TurkeyAntitrust/Competition Law

The 2024 Merger and Acquisition Outlook Report, which compiles data on mergers, acquisitions, and privatization transactions concluded by the Turkish Competition Authority ("TCA"), has been published. According to the report, the TCA reviewed a record total of 311 transactions in 2024, marking the highest figure in the past 12 years. Of these, 131 transactions involved companies established in Türkiye, while 164 related to foreign entities conducting activities abroad. The total transaction value, excluding privatizations, amounted to 191.9 billion TL (approximately 5.85 billion USD). Additionally, the total value of privatization transactions reached 31.4 billion TL (approximately 957 million USD).

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