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tion of the operation rights of Bozüyük, Haraklı-Hendek and
Pazarköy-Akyazı hydroelectric plants, which are among the
group of Elektrik Üretim A.Ş.’s power plants to be privatized
was authorized, the Board decided that; 1- Eyyüpoğlu
Mühendislik Elektrik Enerjisi Toptan Satış Ltd. Şti.’s acquisi-
tion of Bozüyük, Haraklı-Hendek and Pazarköy-Akyazı hydro-
electric plants, which are owned by Elektrik Üretim A.Ş., with-
in the framework of their privatization via the transfer of oper-
ation rights was subject to authorization by the Board under the
“Communiqué on the Procedures and Principles to be Pursued
in Pre-Notifications and Authorization Applications to be Filed
with the Competition Authority in order for Acquisitions via
Privatization to Become Legally Valid, No. 1998/4,” 2- The
acquisition would not result in the creation or strengthening of
a dominant position, and thus in significant lessening of com-
petition within the relevant market, therefore the relevant acqui-
sition should be authorized in accordance with article 7 of the
Act no 4054 as well as with the “Communiqué Concerning the
Mergers and Acquisitions Calling for the Authorization of the
Board” numbered 2010/4. (19.12.2012, 65/1651-606)
• The Board authorized the establisment of a joint venture com-
pany operating in venture capital investment services market in
Turkey by Doğuş Holding A.Ş. and Solaris Partners Pte Ltd.
(27.12.2012, 12-68/1692-627)
• The Board authorized the acquisition of all current common
stocks of Eurobank Ergasias by National Bank of Greece S.A.
(27.12.2012, 12-68/1691-626)
• The Board authorized the acquisition of ISE Holding L.P’s
shares in ISE Beteiligungs GmbH by Grupo Proeza S.A.P.I. de
C.V. through Metalsa Germany GmbH. (27.12.2012, 12-
68/1690-625)
• The Board authorized the establishment a joint-control over
Medyamaks Maksimum Reklam İletişim Film Prod. Paz. Yay.
Hiz. ve Tic. A.Ş. by Havas Management Espana, S.L. with Ayşe
Fisun Medran and Başak Narin Erkıran Görenler. (27.12.2012,
12-68/1680-616)
LEGAL DEVELOPMENTS
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