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ARTICLE · 11 SEPTEMBER 2024

Private M&A Comparative Guide

Private M&A Comparative Guide for the jurisdiction of Turkey, check out our comparative guides section to compare across multiple countries

TurkeyCorporate/Commercial Law

1 Deal structure

1.1 How are private M&A transactions typically structured in your jurisdiction?

Private M&A transactions are typically structured as share sales in Turkey. An alternative structure used is an asset sale. According to Turkish law, instead of multiple asset sale transactions, one may also acquire a commercial enterprise as a whole through a simplified procedure called a ‘transfer of commercial enterprise'.

1.2 What are the key differences and potential advantages and disadvantages of the various structures?

Share sales are usually more advantageous for the following reasons:

  • They are more beneficial from a tax perspective;
  • The procedures required for share sales are simpler than those for asset sales or the transfer of a commercial enterprise; and

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