ANNOUNCEMENT (24.6.2021) (6.7.2021)

The Board makes evaluations and takes decisions about merger and acquisition transactions upon the parties’ application to the Authority. The parties may make an application during the negotiation process concerning the merger/acquisition transaction. Within this scope, the parties may request confidentiality taking into account the possibility that the transaction may not be realized. However, the Board announces its reasoned decision prepared following the decision on our web site under any circumstance. 

The Competition Board took the decision dated 17.06.2021 and numbered 21-31/401-203 to authorize the transaction in question, which is about the acquisition of approximately 100% of the shares in Rönesans İşletme Hizmetleri Danışmanlığı AŞ owned by Rönesans Sağlık Yatırım Anonim Şirketi ve Şam Yapı Anonim Şirketi by ISS Tesis Yönetim Hizmetleri AŞ.

According to the provision in article 53(2) of the Act no 4054 “Decisions of the Board are published on the website of the Authority in such a way not to disclose the trade secrets of the parties”, not only merger and acquisition decisions but also all final professional decision are published on our website. Anyone who wishes can reach the reasoned decisions related to all mergers and acquisitions concluded throughout the history of the Authority on our website. 

The reasoned decision of the transaction, which has appeared in the press, will be published after it is completed.