Learn the merger control filing process in Turkey step by step. This legal guide explains notifiable transactions, turnover thresholds, filing requirements, review stages, commitments, and common procedural risks under Turkish competition law. Mergers, acquisitions, and full-function joint ventures in Türkiye do not end with signing the SPA, SHA, or asset transfer agreement. If the transaction […]
Discover the key legal issues in family business acquisitions in Turkey, including succession risk, inheritance, share transfer restrictions, governance disputes, labor transfer, and merger control. Family business acquisitions in Turkey are rarely ordinary corporate transactions. In a typical sale of a professionally managed company with a clear cap table, the buyer mainly evaluates financial performance, […]
Learn how shareholder agreements work after M&A transactions in Turkey. This guide explains governance, transfer restrictions, exit rights, deadlock clauses, enforceability, and key Turkish law issues for post-acquisition shareholders. Cross-border and domestic acquisitions in Türkiye rarely end at signing or closing. In many transactions, the true commercial relationship begins after the acquisition, especially when the […]
A practical legal guide to distressed M&A transactions in Turkey, covering concordato, insolvency risk, deal structuring, merger control, labor issues, and investment strategy. Distressed M&A transactions in Turkey have become an increasingly important tool for investors, lenders, founders, and strategic buyers seeking value in difficult market conditions. In practice, a “distressed” deal does not only […]
Corporate governance due diligence is one of the most underestimated parts of a Turkish acquisition. Buyers often begin with financial performance, tax exposure, litigation, and commercial contracts. Those areas obviously matter. But in many Turkish deals, the first serious legal problem is not hidden debt or an undisclosed lawsuit. It is a governance defect: an […]
In Turkish M&A practice, warranty and indemnity insurance, often shortened to W&I insurance and sometimes called representations and warranties insurance, is increasingly discussed whenever the parties want to reduce post-closing recourse against the seller. The commercial idea is simple: instead of leaving the buyer’s main recovery path entirely against the seller under the SPA, an […]
In Turkish M&A practice, a disclosure letter is one of the most important documents in a share sale, even though it is often treated as secondary to the share purchase agreement itself. Buyers usually focus first on price, closing conditions, and the representations and warranties package. Sellers, on the other hand, often see the disclosure […]
In Turkish M&A practice, buyers are no longer the only side expected to investigate legal risk in depth. Increasingly, sellers also prepare the business for sale through a structured vendor due diligence process. In simple terms, vendor due diligence means the seller reviews the target before the buyer does, identifies legal and commercial weaknesses, and […]
A Turkish M&A deal usually fails for ordinary reasons, not exotic ones. The biggest problems are often structural: the wrong deal form, a missed regulatory filing, sloppy disclosure, weak closing mechanics, or a document package that cannot actually be used in Türkiye. Türkiye’s official investment guidance states that its FDI regime is based on equal […]
A successful acquisition of a Turkish company is rarely the result of price negotiations alone. In practice, the real success factors are structure, timing, regulatory screening, document readiness, and disciplined post-closing integration. Türkiye’s official investment guidance states that the country’s FDI framework is based on equal treatment, that international investors have the same rights and […]