With the growing economy of Turkey in recent years, there has
been a noticeable increase in the number of company acquisitions
and mergers in our country. This situation has forced us to
understand and apply Due Diligence correctly, which is called the
'must-have' of mergers and acquisitions. In this study, Due
Diligence and types of Due Diligence were examined.
1) DUE DILIGENCE IN GENERAL
Due Diligence, which is called "Detailed Review
Report" in Turkish, has various definitions in many places,
but in practice, it is defined as a careful and detailed
examination of the target company to be merged or acquired before
mergers and acquisitions.
There is no regulation about Due Diligence which is a
'decision making mechanism' in case of mergers and
acquisitions in Turkish commercial code and in Turkish Code of
Obligations yet. But with the increase of mergers and acquisitions,
this regulation is likely to take place in Turkish Law in the near
future.