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).