NEWSLETTER 2011
426
ve Uzay Sanayi A.Ş. has been authorized by the Board, since it
would not result in the creation or strengthening of a dominant
position as described under Article 7 of the Act No. 4054 and the
Communiqué No. 2010/4, and thus in significant lessening of
competition. (14.04.2011, 11-23/430-130)
• The Board decided that the acquisition of 80% of the shares of
İmpo Motor Pompa San. ve Tic. A.Ş. by Franklin Electric BV
fell under the scope of article 7 of the Act no 4054 as well as the
Communiqué no 2010/4; but that it was not subject to authorization
since the thresholds prescribed in the same Communiqué were not
exceeded. (21.04.2011, 11-25/474-143)
• The Board decided that the acquisition, by Çankaya Doğalgaz
Dağıtım A.Ş. or Celal SEVER, of 20% of the shares of Başkent
Doğalgaz Dağıtım A.Ş. did not fall under the scope of Article 7
of the Act no 4054 or the Communiqués no 1998/4, 2010/4 since
this did not cause a change in the control structure of Başkent
Doğalgaz Dağıtım A.Ş. (28.04.2011, 11-26/532-159)
• The acquisition, by International Petroleum Investment Company,
of 48.83% of the shares of Compania Espanola de Petroleos S.A.,
which were previously under the indirect ownership of Total S.A.,
and the related transfer of sole control over Compania Espanola de
Petroleos S.A. to International Petroleum Investment Company has
been authorized by the Board, since it would not result in the creation
or strengthening of a dominant position as described under Article
7 of the Act No. 4054 and the Communiqué No. 2010/4, and thus in
significant lessening of competition. (28.04.2011, 11-26/494-151)
• The transfer of sole control over EKY – Eczacıbaşı-Koramic Yapı
Kimyasalları San. ve Tic. A.Ş., which was previously under the
joint control of Eczacıbaşı Group and Koramic Investment, to
Koramic Holding N.V. through the acquisition of 50% of its shares
by Koramic Holding N.V. affiliates has been authorized by the
Board, since it would not result in the creation or strengthening
of a dominant position as described under Article 7 of the Act No.
4054 and the Communiqué No. 2010/4, and thus in significant
lessening of competition. (28.04.2011, 11-26/496-153)