NEWSLETTER 2011
430
San. ve Tic. A.Ş. to EGL Holding Luxembourg AG; and 50% of
the shares of EGL Elektrik Toptan Ticaret A.Ş. by EGL Holding
Luxembourg AG to Demirören Enerji Madencilik San. ve Tic.
A.Ş., on a reciprocal basis, 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 2010/4 and thus in
significant lessening of competition. (14.07.2011; 11-43/920-289)
• The Board decided that the acquisition of the shares of Tekkale
Elektrik Üretim Tic. San. A.Ş. by Nuh Enerji Elektrik Üretim A.Ş.
and other Nuh Çimento Group companies 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.
(03.08.2011, 11-44/957-310)
• The Board decided that the acquisition, by Yöntem Dış Ticaret
Ltd. Şti. and Musa Kazım ENGİN, of 100% of the shares of
Wella Kozmetik Sanayi ve Ltd. Şti. owned by Procter & Gamble
International Operations S.A. and Walter Ludwig 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.
(03.08.2011, 11-44/986-332)
• The acquisition of control over MAN SA company by Volkswagen
AG through mandatory share purchase bids 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. (03.08.2011, 11-44/990-336)
• The acquisition of 55% of the 99% of shares held by BNP Paribas
IP BE Holding S.A. in Fortis Portföy Yönetimi 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. (17.08.2011, 11-45/1059-
364)