Strong international M&A activities in Turkey

Posted on 02 March 2012

Istanbul, 29 February 2012 – According to the 2011 Ernst & Young’s Mergers and Acquisitions report 272 mergers or acquisitions took place in Turkey in 2011 with a total value of 13.7 billion USD. Only one country exceeded Turkey in the value of transactions in the central and south-eastern Europe region which consists of Greece, Poland, Bulgaria, Croatia, the Czech Republic, Hungary, Romania, Serbia, Slovakia, Slovenia and Turkey. The most notable were acquisitions were by the UK drinks maker Diageo and the UK coach and train operator Stagecoach purchase of the Istanbul Ferry services company, Source: Invest in Turkey

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