Turkey’s Mergers and Acquisitions over 6 Billion USD

Posted on 10 August 2011

10 August 2011 – According to a recent Ernst & Young report Turkey’s M&As reached 6.5 billion USD in the six months to the end of June 2011. With 130 deals Turkey was the second most active M&A market in the 10 countries covered in the Central and Southeastern European M&A Barometer report, Poland came first with nearly 17 billion USD. With such deals as Britain’s Diageo drinks company buying Turkey’s Mey Icki for 2.1 billion USD it is not hard to see why. In 2010 Turkey’s M&A market was worth 29 billion USD a five times increase over 2009. Source: Invest in Turkey

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