According to the report, in 2013 a total of 213 mergers and acquisitions were notified to the Competition Authority. It was determined that in 141 of these transactions, the target company or the joint venture established was a company founded in accordance with Turkish laws. 19 privatization transactions were assessed by the Authority. Within the same time period, for the transactions where the target company or the joint venture established is a company founded in Accordance with Turkish laws, the total transaction amount was approximately 40 billion 952 million TL. Of this amount, 19 billion 550 million TL was for privatization transactions.
In terms of economic activities, the largest total transaction value for transactions where the target company or the joint venture established was based in Turkey, including privatizations, was 20 billion 512 million TL, in the field of electricity production, transmission and distribution. Of this amount, 15 billion 871 million TL was due to privatization transactions.
In 2013, mergers and acquisitions notified to the Competition Authority were finalized after an average of 15 days following the final notification date.
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