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...

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...

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...

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...

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...

TURUNÇ is advising Netsis and its shareholders on the undergoing sale of Netsis to Logo, Mediterra Capital portfolio company. Netsis and Logo are the two largest enterprise application software developers in Turkey and the closing of the transaction is subject to the approval of the Competition Board. The TURUNÇ team...

TURUNÇ has advised Counsel to Eigenmann & Veronelli, an Italy-headquartered producer and distributor of fine chemicals, specialties and performance chemicals operating in numerous countries, on its majority acquisition of Parkim Parfüm, a supplier of specialty and commodity chemicals mainly for cosmetic and household market in Turkey. The TURUNÇ team included...