Sponsored briefing: Closer scrutiny for tech M&As
NAZALI’s Ayşe Ülkü Yalaz and Nilay Göker Duran on tech M&As in Turkey, the future of the practice and the new regulatory requirement which may affect o
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NAZALI’s Ayşe Ülkü Yalaz and Nilay Göker Duran on tech M&As in Turkey, the future of the practice and the new regulatory requirement which may affect o
Introduction M&A") were notified to the Turkish Competition Authority (" TCA") although 21 of them were not subject to notification for various reasons. Of these 208 notifications, 113 were part of global deals that were closed outside of Turkey. We would like to clarify the conditions of the notification requirement for an M&A by explaining the concept of change of control and the notification thresholds. It would be also practical to bring up the new merger test and the acceptable 1. Is there a change in the control structure? The Turkish merger control system requires parties to make no...