Posted on 14 February 2011
Global M&A companies to meet in Istanbul, Turkey
Istanbul will host executives of the worlds top 50 merger and acquisition companies next month. The meeting organized by IMAP, an exclusive global organization of leading mergers and acquisitions advisory firms, will be held at the Çiragan Palace Kempinski Hotel. Turkey, as well as the surrounding region, represents an emerging global M&A market in which IMAP recognizes tremendous potential, says Mark Esbeck, IMAP president
The chief executive officers, or CEOs, from about 50 of the worlds leading merger and acquisition companies, managing funds worth some $40 billion, will meet in Istanbul on Oct. 23.
IMAP, an exclusive global organization of leading mergers and acquisitions, or M&A, advisory firms, has announced that its Global M&A Symposium will be held at the Çiragan Palace Kempinski Hotel.
In addition to IMAP advisers, the symposium will cater to private equity groups, corporate development personnel and global M&A attorneys. The agenda will focus on closing M&A transactions in the current economic climate, while providing an opportunity to develop relationships with industry professionals.
With access to IMAP’s more than 500 advisers, the symposium offers attendees a prime opportunity to gain perspectives on the M&A market, generate new leads and develop relationships with industry professionals on an international level. The symposium will feature presentations from a keynote speaker, as well as panelists from well-known organizations, including key private equity firm executives from the Middle East and Southeast Europe, a major industrialist in Turkey and a representative of a global multinational corporation.
“IMAP is excited to host its Global M&A Symposium at the Çiragan Palace Kempinski Istanbul,” said Mark Esbeck, IMAP president. “Over the last 12 months, IMAP completed a record number of transactions in Turkey, ranging from textile manufacturing and branded retail apparel to shipment terminal operations. Turkey, as well as the surrounding region, represents an emerging global M&A market in which IMAP recognizes tremendous potential.”
“The combination of the city’s location, hotel selection, rapidly emerging business opportunities, the high-level personal networking interaction and top-notch speakers will make for an extremely worthwhile and insightful experience,” said Sevket Basev, managing director of IMAP’s Turkey office and host of the symposium.
Officials from China and Poland have also been trying to convince IMAP to hold this meeting in their own respective countries, business daily Referans cited Basev, who is also the CEO of 3 Seas Capital Partners. The worlds leading fund representatives will be attending and it will be a major step in luring in investors to Turkey, he said.
The global M&A Symposiums theme will be Intercontinental Collaboration. Former Spanish Prime Minister Jose Maria Aznar will deliver the opening speech. Also, Russian petroleum giant Lukoils CEO Gati Al-Jebouri will share his experiences with Turkish companies.
Vuslat Dogan Sabanci, CEO of the Hürriyet Daily News & Economic Review, as well as its parent newspaper Hürriyet, will focus on Turkeys Global and Continental Ties, reported business daily Referans.
24 September 2009 Quoted from Hürriyet Daily News