Mergers and acquisitions in Türkiye totaled TL 86.2 billion ($4.59 billion) in 2022, the nation’s competitors watchdog mentioned Friday.
The general determine included seven privatization transactions that totaled TL 14 billion, the Competition Authority (RK) mentioned in a report.
Most mergers and acquisition offers befell within the electrical energy manufacturing and distribution sector, adopted by the transportation sector, the report by the watchdog confirmed.
The authority mentioned that privatization offers have been accomplished within the electrical energy manufacturing and distribution sector in addition to airport operation and pure fuel import and distribution.
Investors from the Netherlands and the United Arab Emirates (UAE) topped the listing amongst nations concerned in most transactions with 5 every, the report confirmed.
It added that the quantity of funding reported to have been made by foreigners within the transactions involving Türkiye-based corporations got here in at almost TL 43 billion.
Mergers and acquisitions in Türkiye totaled TL 42.6 billion in 2021 and 7 privatization transactions totaled TL 95 billion.
Most offers befell within the electrical energy manufacturing and distribution sector, adopted by the plastic packaging manufacturing sector.
