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ARTICLE · 10 AUGUST 2015

Turkish Competition Board Concludes Anadolu Endüstri/Migros Phase II Investigation

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The Turkish Competition Board has concluded a Phase II investigation into the proposed acquisition of majority of shares in ..

TurkeyAntitrust/Competition Law
Moroğlu Arseven
Moroğlu Arseven
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The Turkish Competition Board has concluded a Phase II investigation into the proposed acquisition of majority of shares in MH Perakendecilik ve Ticaret A.Ş. by Anadolu Endüstri Holding A.Ş. MH Perakendecilik ve Ticaret A.Ş.is the majority shareholder of the Turkish retailer Migros Türk A.Ş. The Competition Board announced on 28 July 2015 that it has completed the Phase II investigation into the proposed acquisition. The Competition Board granted a clearance for the acquisition conditioned upon fulfillment of certain remedies.

The Competition Board began a Phase II investigation in April 2014.Anadolu Endüstri Holding A.Ş. is active in the alcoholic beverages sector through Anadolu Efes Biracılık ve Malt Sanayii A.Ş., a brewing company, as well as other sectors.

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