Varroc, one of the world’s largest producers of automobiles and motorcycle lighting and electrical parts, is in talks to acquire Turkish Sa-Ba Industrial Products Inc. The weight of Indian companies in the Turkish automotive industry has been increasing recently. Last year, Mahindra & Mahindra, one of the biggest tractor manufacturers in the world, created a stir in the sector, by acquiring Erkunt Traktör for $76 million following a 75 percent stake in Hisarlar Makine for TL 71 million ($15.8 million) in January. Source: www.dailysabah.com Merger & Acquisition Legal Support Turkey&nbs ..read more

A unit of Malaysia’s sovereign wealth fund plans to sell its Turkish health-insurance business to focus on its home market. Source: www.dealstreetasia.com Legal support for all Merger. Acquisitions and Disposals in Turkey ..read more

Worldpay, a global leader in payments, has partnered with iyzico, the fastest growing payments provider in Eastern Europe and Turkey, to extend its payment services into Turkey. The collaboration is the first of its kind in the Turkish market, making it easier for global merchants to accept credit and debit card payments locally. Source: www.worldpay.com ..read more

Yildirim Holding AS is seeking buyers for its stake in the world’s third-biggest container shipper as the family-owned Turkish company presses ahead with a plan to acquire Ports America Holdings Inc., a U.S. maritime-terminal operator. Sourced from: www.bloomberg.com Merger & Acquisition specialist legal advice and support in Turkey ..read more

The Russian and Turkish arm of Domino’s is floating in London – letting investors cash in on what could be a soaring share price in the pizza firm. DP Eurasia runs 571 restaurants in Turkey, Russia, Azerbaijan and Georgia and is seeking to raise £20m by listing on the London Stock Exchange. Sourced from: www.dailymail.co.uk Merger, acquisition and IPO legal support Turkey ..read more

The owners of Turkey’s Mavi Jeans, the brand that claims to be a favorite of celebrities including Lady Gaga and Adriana Lima, have hired Goldman Sachs Group Inc. and Bank of America Corp. to work on an initial public offering, people familiar with the matter said. Sourced from: www.bloomberg.com International Business Lawyers, Istanbul Turkey ..read more

South Korea’s SK Engineering & Construction Co. (SK E&C) joined hands with Belgium-based energy company UNIT International S.A. to lead Iran’s largest-ever private power development project worth 3.4 billion euros ($3.6 billion), lighting up business prospects in the Middle Eastern country where international sanctions were lifted. The company said Sunday it inked an agreement with UNIT International to join the Belgian energy developer’s ongoing project to construct and operate five new gas-fired power plants in Iran. Marking it as the Iran’s largest-ever private power plant developm ..read more

Austrian energy group OMV (OMVV.VI) said it agreed to sell its Turkish fuel supply and distribution unit Petrol Ofisi to Vitol Investment Partnership, managed by the Swiss-based commodities firm Vitol VITOLV.UL, for 1.37 billion euros ($1.45 billion). Sourced through Scoop.it from: www.reuters.com Specialist Legal advice for Mergers & Acquisitions in the Energy sector Turkey ..read more

Ülker Bisküvi is in talks to take on a business in Saudi Arabia owned by United Biscuits, one of the Turkey-based snacks group’s sister companies under the ownership of Yildiz Holding. Sourced from: www.just-food.com M&A Law Firm covering Turkey the Middle East, UAE, China and Europe  ..read more

Weetabix, the UK’s second biggest cereal brand, is being circled by rivals as its owners look to offload it, having struggled to crack the Chinese market. Quaker Oats owner PepsiCo is also to be involved in the process, as is Turkish group Pladis, which bought Jaffa Cakes maker United Biscuits in 2014 for £2bn. Cheerios maker Nestle and Lucky Charms owner General Mills are understood to have expressed an interest. .   Sourced from: www.telegraph.co.uk Merger, Acquisition, Disposal or Equity Stake, professional legal advice and support Istanbul, Turkey   ..read more