IFLR1000

Koç family sale of TL1.698 billion stake in Koç Holding

19/6/2017
Public acquisition
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TL 1.698 billion

$ 470.217 million

Completed

19/6/2017

Overview:

  • The Koç family has sold 107 million shares in Koç Holding for a total value of TL1.698 billion.
  • Citigroup Global Markets acted as sole bookrunner on the transaction.
  • Koç Holding is the largest industrial conglomerate in Turkey,
  • Headquartered in Nakkaştepe, Istanbul, the company is controlled by the Koç family, one of Turkey's wealthiest families.

Katrin Kostadinova - Data analyst

Jurisdiction:

Türkiye

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

Turkey

Industry sectors:

Consumer goods and services
Financial services
Industrials and manufacturing
Automotive
Oil and gas

Firm:
Clifford Chance

Party: Citigroup Global Markets Ltd (Bookrunner)

Lawyers: Itır Çiftçi, Simon Thomas

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