LEGAL DEVELOPMENTS
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Competition Authority in order for Acquisitions via Privatization
to Become Legally Valid”; and 2- The aforementioned acquisition
would not result in the creation or strengthening of a dominant
position as described under the same article of the Act, and thus
in a significant lessening of competition, therefore the notified
transaction could be authorized. (06.02.2013, 13-09/116-62)
• Within the framework of the privatization of all of the shares of
Başkent Doğalgaz Dağıtım A.Ş. via block sales, the Board decided
that there were no drawbacks to the acquisition of the relevant
shares by any of the following bidders: Torunlar Sanayi ve Ticaret
A.Ş., Akfen Holding A.Ş. – STFA Yatırım Holding A.Ş. Joint
Venture Group, Fernas İnşaat A.Ş., or Türkerler İnşaat Tur. Mad.
Ener. Üretim Tic. ve San. A.Ş. – Gama Holding A.Ş. Joint Venture
Group. (07.03.2013, 13-12/176-92)
• Within the framework of the privatization of the Kangal Thermal
Power Plant, together with certain immovable and mine sites
used/operated by this power plant, the Board decided that there
were no drawbacks to the acquisition of the relevant assets by any
of the following bidders: Konya Şeker Sanayi ve Ticaret A.Ş. –
Siyahkalem Mühendislik İnşaat Sanayi ve Ticaret Limited Şirketi
Joint Venture Group, or Limak İnşaat Sanayi ve Ticaret A.Ş., or
IC İçtaş Enerji Üretim ve Ticaret A.Ş. – Fernas İnşaat A.Ş. Joint
Venture Group. (07.03.2013, 13-12/177-93)
• The Decision of the Privatization Board, dated 15.03.2013 and
numbered 2013/56, regarding the inclusion of Çatalağzı Thermal
Plant and the immovables used by the Plant in the privatization
program, and the privatization of the Plant and the immovables
by way of “Asset Sale” and conclusion of the Privatization
transactions as of 31.12.2015, was published in the Official
Gazette dated 19.03.2013 and numbered 28592.
• Within the framework of the privatization of 100% of the shares
of Dicle Elektrik Dağıtım A.Ş. via block sales, the Board decided
that the acquisition of the aforementioned shares by - İş-kaya İnş.
San. ve Tic. A.Ş.- Doğu Hattı Enerji Yatırım San. ve Tic. A.Ş.
Joint Venture Group, or - Çalık Enerji San. ve Tic. A.Ş, or - Mes