The estimated value of mergers and acquisitions (M&A) in the Turkish energy industry rose by 155% to over USD 2.8bn in 2021, according to the ‘Mergers and Acquisitions in Turkey’s Energy Sector 2021’ report, prepared by the independent audit, tax, and consultancy company, PwC Turkey. There were a total of 40 M&As in the country’s...
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Mergers and acquisitions hit 7-year high
The size of mergers and acquisitions hit a 7-year high and reached USD 14bn in Turkey in 2021, according to the KPMG Zoom: Mergers and Acquisition Trends- 2021 report, prepared by the British-Dutch professional services network KPMG Turkey. The report also stated that the number of mergers and acquisitions rose in 2021, compared to the...