Announcement of the Competition Authority with respect to Notifications regarding Merger and Acquisition Transactions

With the recent announcement of the Competition Authority dated 24.6.2021, it has been declared that with respect to the applications of the transaction parties during the negotiation process regarding notifications of the merger and acquisition transactions, it is possible to request confidentiality in case the closing of the transaction does not take place, but in any case, the reasoned decision of the Competition Board which will be prepared after the short decision will be announced on the website of the Competition Authority. Furthermore, it has been stated in the announcement that this issue is not only related to the decisions regarding mergers and acquisitions and all reasoned decisions are published on the website of the Competition Authority.

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