Turkey’s new commercial code to have broad impact on M&A
By Caleb Lauer
Published: March 5 2012 22:43 | Last updated: March 5 2012 22:43
Turkey’s new commercial code, which comes into force on 1 July 2012, is set to revolutionize Turkish business life and change the dynamics of M&A in the country.
The law will radically boost auditing standards and transparency, eventually increasing the number of investment and acquisition targets in a market in which, historically, private equity funds have found themselves chasing a limited field of targets. Compliance with the new law, as well as trends in renegotiations, buyouts, consolidation, and stock market activism, is expected to open business opportunities for auditors, investment bankers, and lawyers.
More:FT.com / UK - Turkey’s new commercial code to have broad impact on M&A
