Equity funds will be actively pursuing deals in Turkey’s M&A market in 2012, as was the custom during the last three years, largely focusing on the healthcare, energy, retail and e-commerce sectors. M&A deals in Turkey in the last three years reached USD 25 billion with large-scale deals like the acquisition of the spirit producer Mey Ickı by Diageo, Spanish BBVA’s partnership in Garanti Bank, and the privatization of Istanbul ferry services company (IDO).
Last year, the volume of M&A deals reached USD 15 billion in 241 transactions, of which 74 percent involved foreign parties, accounting for USD 11.1 billion. According to analysts, throughout 2012, the foreign investment total expected to be injected into Turkish companies will reach USD 12 billion, while large-scale privatizations will bring in about USD 8 billion.
16.01.2012
SOURCE: INVEST.GOV.TR