Kerem Turunç was a panelists at the Turkey Municipal Finance and Creditworthiness Academy, co-organized by the World Bank and the Turkish Union of Municipalities (TBB). The panel was moderated by Stephen Karam (Lead Urban Economist, The World Bank) and also included Hayrettin Güngör (Secretary-General, TBB), Dr. Ender Aykut Yılmaz (Deputy...

TURUNÇ has advised Eigenmann & Veronelli S.p.A (E&V), on its acquisition of the remaining shares held by its local joint venture partners İpek Müstecaplıoğlu, İsmet Müstecaplıoğlu and Reis Pazarlama, in E&V’s Turkish subsidiary Eigenmann & Veronelli Kimyasal, formerly known as Parkim Parfüm. TURUNÇ had also represented E&V in its initial...

TURUNÇ has advised Borsa Istanbul on the sale of a 10% equity stake to the European Bank for Reconstruction and Development (EBRD). This transaction is the fifth in a series of important international transactions on which TURUNÇ has advised Borsa Istanbul in the last three years. The previous transactions were...

TURUNÇ has advised Charlesbank Capital Partners, a mid-market private equity fund, on Turkish law matters relating to Charlesbank’s acquisition of a controlling stake in Plaskolite, the largest manufacturer of acrylic and other plastic sheet (ABS, PETG and polycarbonate) in the United States. Plaskolite also has a joint venture affiliate in...

TURUNÇ has advised UK-based international coffeehouse chain Caffè Nero on the purchase of the entire equity stake held by its Turkish joint venture partner Infinity Invest in Caffè Nero’s Turkish subsidiary. As a result of the transaction, Caffè Nero Turkey has become a fully-owned subsidiary of the Caffè Nero group....

TURUNÇ has advised Borsa Istanbul on its partnership with the Hong Kong Exchanges and Clearing (HKEx) regarding the dissemination of market data on the London Metal Exchange’s (LME) steel billet contract. HKEx is LME’s parent company. The partnership is related to Borsa Istanbul’s acquisition of LME’s equity stake in LCH.Clearnet....

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...

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...

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...