UPDATE - Decisions of the Competition Authority
Foreks - The acquisition of shares of OQ Chemicals International Holding GmbH and OIG OQ Infrastruktur GmbH by Atlantic Advisors GmbH & Co. KG through AA AcquiCo 4 GmbH has been approved.
The indirect acquisition of joint control over QMetric Group Holdings Limited and its subsidiaries by Cinven Capital Management (SFF) General Partner Limited and Abu Dhabi Investment Authority has been approved.
The termination of sales of a product group under the Everlight brand, which was sold by Gün-Pa Boyar Madde ve Kimyasal Maddeler Tekstil Sanayi ve Ticaret Limited Şirketi, İlteks Boya ve Kimyevi Maddeler Sanayi ve Ticaret Anonim Şirketi, and Meysan-Mensucat Yan Sanayi ve Ticaret Anonim Şirketi, and the transfer of all tangible and intangible assets related to the sales activities to Elite Boya ve Kimyevi Maddeler Dış Ticaret Anonim Şirketi has been approved.
The establishment of joint control over MBT Teknik Yapı Kimyasalları San. ve Tic. AŞ, currently controlled through changing alliances by Murat ERBERDİ, Beran BERAN, the Bayrak Family, the Sungur Family, and the Baran Family, by Master Builders Solutions Holding GmbH, ultimately controlled by Seventh Cinven Fund (No.1) Limited Partnership (Guernsey), has been approved.
It has been decided that the acquisition of the non-controlling 49% stake in Galataport İstanbul Liman İşletmeciliği ve Yatırımları Anonim Şirketi, which is indirectly controlled by Doğuş Holding Anonim Şirketi through its 100% shareholding in Doğuş Galataport Gayrimenkul Yatırımları ve Ticaret Anonim Şirketi, by Türkiye Garanti Bankası (IS:GARAN) Anonim Şirketi, Yapı ve Kredi Bankası Anonim Şirketi, Türkiye İş Bankası (IS:ISATR) Anonim Şirketi, T.C. Ziraat Bankası Anonim Şirketi, Türkiye Sınai Kalkınma (IS:TSKB) Bankası Anonim Şirketi, and QNB Bank Anonim Şirketi is not subject to permission.
The acquisition of a certain share in Vodafone UK Trading Holdings Limited and the joint control by Brilliant Design Limited, which is ultimately controlled by CK Hutchison Group Telecom Holdings, has been approved.
The merger between Link Bilgisayar (IS:LINK) Sistemleri Yazılımı ve Donanımı Sanayi ve Ticaret AŞ and Vitalis Teknoloji AŞ has been approved.
The acquisition of all issued capital and securities of Pavilion Energy Pte Ltd by Shell (LON:RDSa) Eastern Trading (Pte) Ltd has been approved.
The acquisition of shares of OQ Chemicals International Holding GmbH and OIG OQ Infrastruktur GmbH by Atlantic Advisors GmbH & Co. KG through AA AcquiCo 4 GmbH has been approved.
The indirect acquisition of joint control over QMetric Group Holdings Limited and its subsidiaries by Cinven Capital Management (SFF) General Partner Limited and Abu Dhabi Investment Authority has been approved.
It has been decided to grant individual exemption to POTAS Akdeniz Akaryakıt Dağıtım Anonim Şirketi for the auctioning of fuel tanks at Antalya Airport due to meeting all the conditions listed in Article 5 of the Law on the Protection of Competition No. 4054.
The approval has been granted for joint control to be established over Medianova İnternet Hizmetleri ve Ticaret AŞ, solely controlled by Mete Serkan SEVİM, by Turkey Growth Fund IV L.P and Mete Serkan SEVİM.
Currently, the establishment of a joint venture acting as an insurance agent between POCA Bilişim Teknolojileri Anonim Şirketi, indirectly controlled by Oyak Yatırım (IS:OYYAT) Menkul Değerler AŞ, and RCI Banque SA, wholly controlled by Renault SAS, has been approved.
The acquisition of all shares and sole control of NN Hayat ve Emeklilik AŞ by Zurich Life and Pensions AŞ through Zurich Insurance Group Ltd. has been approved.
The acquisition of joint control over İns Yazılım Sanayi ve Ticaret Anonim Şirketi by Inavitas Enerji Anonim Şirketi, Emin CANER, and Habib KARA has been approved.
The indirect joint control over certain subsidiaries, assets, and shares of Computing Technology Industry Association by H.I.G. Capital, L.L.C and Thoma Bravo, L.P. has been approved.
The indirect acquisition of joint control over Rosenbauer International AG by Mark Mateschitz Beteiligungs GmbH, Pierer Industrie AG, and Raiffeisen Beteiligungsholding GmbH through Robau Beteiligungsverwaltungs GmbH has been approved.