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Topic: Corporate ma and securities

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Norton Rose Fulbright announces alliance with Pekin Bayar Mizrahi in Turkey

October 22, 2021

Global law firm Norton Rose Fulbright has bolstered its client offering in Turkey by forming a new alliance with leading Turkish firm Pekin Bayar Mizrahi.

Global Rules on Foreign Direct Investment - Turkey

August 18, 2021

Increasingly, cross-border transactions are triggering foreign direct investment (FDI) screening requirements.

Update: New procedures for convening general assembly meetings of joint stock companies

June 08, 2021

Article 489 of the Turkish Commercial Code numbered 6102 (TCC) regulating the transfer of bearer share certificates was amended on December 31, 2020.

Norton Rose Fulbright advises Arçelik in acquisition of Whirlpool Beyaz Esya Sanayi ve Ticaret AŞ

May 27, 2021

Global law firm Norton Rose Fulbright has advised leading Turkish white goods manufacturer Arçelik in its €78.3 million acquisition of Whirlpool Beyaz Esya Sanayi ve Ticaret AŞ, Whirlpool's wholly owned subsidiary in Turkey.

Update: Measures to reduce the impact of COVID-19 on employment extended

May 06, 2021

A new presidential decision dated April 22, 2021 has further extended the short term work allowance period to provide Turkish businesses and employees with certain assurances in response to the pandemic.

Turkey has extended R&D and design centers incentive program

March 29, 2021

According to data provided on the Ministry of Industry and Technology’s website, there are currently more than 1,500 research and development (R&D) and design centers employing more than 70,000 people in Turkey.

March 2021 Update: Measures to Reduce the Impact of COVID-19 on Employment Extended

March 10, 2021

A new presidential decision published in the Official Gazette on March 9, 2021 further extends several measures to provide Turkish businesses and employees with certain assurances in response to the pandemic.

Cross-border team from Norton Rose Fulbright advises Anghami in SPAC deal

March 08, 2021

Led by Ayşe Yüksel Mahfoud (New York and Istanbul) and Brian Fenske (Houston), a cross-border team from the Istanbul and Houston offices of Norton Rose Fulbright advised Anghami – the leading music streaming company in the MENA region – on its merger with Vistas Media Acquisition Company Inc. to become the first Arab technology company to be listed on Nasdaq upon closing.

Impact of MLI on Turkey: The Netherlands double tax treaty

February 18, 2021

There are numerous reasons why the Netherlands, for many years, has been a favorite jurisdiction for Turkish investors setting up so-called “HoldCos” when investing outside of Turkey (into third countries) as well as international investors with Turkish investment.

Non-admitted insurance in Turkey

February 10, 2021

As a general rule, persons domiciled in Turkey must use insurance companies admitted in Turkey to cover their insurable interests in Turkey.