TURUNÇ has advised IMS Health in connection with its acquisition of certain information solutions and customer relationship management (CRM) and strategic data businesses of Cegedim. IMS Health is a U.S.-based global provider of information and technology services to the healthcare industry to measure and improve performance. Cegedim is a multinational health technology company headquartered in...

TURUNÇ has advised Borsa Istanbul on its acquisition of all of the stake of the London Metal Exchange in the clearinghouse LCH.Clearnet. This is the third significant international transaction on which TURUNÇ has advised Borsa Istanbul since 2013. The previous two were Borsa Istanbul’s strategic partnership with NASDAQ OMX and its partnership with the London...

TURUNÇ client PETRONAS has successfully obtained a group exemption from the Turkish Competition Board to enter into exclusive supply agreements with distributors, retailers and other buyers of lubricant products. TURUNÇ filed for the exemption and oversaw the application throughout the review process by the Competition Board. The TURUNÇ team included Noyan Turunç and Esin Çamlıbel....

TURUNÇ has advised BRN Sleep Products on the sale of a minority stake to the European Bank for Reconstruction and Development (EBRD) and The Abraaj Group. EBRD is an multilateral developmental bank focused on supporting the development of market economies. Abraaj is a private equity fund focused primarily on growth markets, and invested in BRN...

TURUNÇ has advised Borsa Istanbul on its partnership with the London Stock Exchange (LSE) relating to the trading of futures and options on Borsa Istanbul indices and stocks on the London Stock Exchange Derivatives Market. Additionally, FTSE and Borsa Istanbul plan to launch an index partnership involving all Borsa Istanbul-owned indices. This is the second...

TURUNÇ has provided Turkish law advice to Balfour Beatty on the sale of its professional services division, Parsons Brinckerhoff, to WSP Global. Balfour Beatty is a UK-headquartered globally operating company focused primarily on infrastructure and construction services. WSP is Canada-headquartered multinational professional services firm focused on engineering solutions. Parsons Brinckerhoff is headquartered in New York....

TURUNÇ has sponsored The 2014 Guide to Turkey supplement of the International Financial Law Review (IFLR) magazine, and TURUNÇ lawyers have authored the following articles for the supplement: – “Laying the Groundwork” by Kerem Turunç: A summary of some recent changes to Turkish securities regulation (available on the IFLR website and for download here) –...

TURUNÇ has advised CEE-focused private equity fund Royalton Partners on its acquisition, through its portfolio company IUS Legal and Business Solutions, of On İki Levha, a legal publisher. IUS is a provider online legal research tools in Slovenia and Croatia, and plans to offer its services in Turkey through On İki Levha. This is the...

TURUNÇ has advised Rultrans Trasmisyon and its shareholders on sale of Rultrans to Italy’s Megadyne. Rultrans is an Izmir-based producer of PVC and polyurethane conveyor belts. Megadyne is a manufacturer of rubber and polyurethane power transmission belts and belt systems, among other products. The TURUNÇ team included Noyan Turunç, Esin Çamlıbel, Aslı Işık and Aslı...