IFLR1000

Anadolu Endstri Holding TL2.4 billion acquisition of a 40.25% stake in Migros from Moonlight Capital

15/7/2015
Private acquisition
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TL 2.4 billion

$ 705.436 million

Completed

15/7/2015

Overview:

  • Anadolu Endustri Holding, a member of the Anadolu Group, indirectly acquired 40.25% of the shares in supermarket chain Migros for a consideration of approximately TL1.86 billion.
  • The purchase was carried out by Yazıcılar Holding, which controls a 68% share of the Anadolu Group.
  • At the same time, Migros underwent a complex refinancing.
  • Migros Türk is the oldest retailer operating in Turkey.

Jon Moore - Journalist

Jurisdiction:

Türkiye

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Turkey

Industry sector:

Consumer goods and services

Firms:
Clifford Chance

Party: Turkiye Garanti Bankasi (Lender)

Party: Türkiye İş Bankası (Lender, Security agent)

Party: Akbank (Lender)

Party: Turkiye Sinai Kalkinma Bankasi (Lender)

Party: The Commercial Bank (Lender)

Dickson Minto

Party: BC Partners (Seller)

Party: Moonlight Capital (Seller)

DLA Piper

Party: Anadolu Endustri Holding (Acquirer)

Pekin Bayar Mizrahi

Party: BC Partners (Seller)

Party: Moonlight Capital (Seller)

Lawyers: A Deniz Altınay, Selin Bayar, Senem Gölge Yalçın

Verdi Law Office

Party: Turkiye Garanti Bankasi (Lender, Security agent)

Party: Akbank (Lender)

Party: Turkiye Sinai Kalkinma Bankasi (Lender)

Party: The Commercial Bank (Lender)

Party: Türkiye İş Bankası (Lender)

Lawyer: Gökhan Okan (left the firm)

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