Mergers and acquisitions amounted to TL 86.2 billion in 2022

The amount of privatization, merger and acquisition decided by the Competition Authority in Turkey was 86.2 billion TL in 2022.

In the statement from the Competition Authority, it was indicated that last year the institution examined a total of 245 merger, acquisition and privatization transactions; The total size of the transaction, excluding privatizations, was claimed to be TL 72.2 billion.

IN THE MOST PROCESSING ELECTRICAL INDUSTRY

According to the report, in 2022, among the M&As where the target company originated from Turkey, most of the transactions are in the field of “electric power generation, transmission and distribution” with 8 transactions; The highest transaction value was claimed to be in the same area at approximately 8.35 billion TL.

Although the 7 privatization transactions examined were related to “electric power generation, transmission and distribution”, “airport management”, “natural gas import and distribution” and various sub-branches of the “manufacturing” sector, the privatization transaction The highest cost was “airport management” with approximately TL 9.75 billion. I was in the field.

THE NETHERLANDS AND THE UNITED ARAB EMIRATES RESIST

In 2022, foreign investors are expected to invest in companies of Turkish origin in 36 separate mergers and acquisitions.

According to the ranking made on the basis of transactions between foreign investors, investors from the Netherlands and the United Arab Emirates occupy the first place with five transactions each.

The investment amount reported by foreign investors in these transactions, where the target company is of Turkish origin, was approximately 43 billion TL.

In 2022, 145 merger and acquisition operations carried out by foreigners abroad were also examined.

In these transactions, where no direct investment in companies of Turkish origin is foreseen, the reported total transaction value was TL 5.570 billion. (SOZCU.COM.TR, REUTERS)