Privatization
Erdem & Erdem’s experience in privatization covers comprehensive advisory and representation services for numerous foreign and local clients in all aspects of the privatization of state-owned entities, including the structure of the privatization, the statutory framework, post-closing integration matters, such as permits, clearances and licenses, and the regulatory regime that is applicable to the privatized entity. Our clients encompass refinery, port, airport, energy, healthcare services, real estate, consumer goods, natural resources and infrastructure and construction industries, as well as banks and financial institutions in Turkey, Western Europe and Southeast Asia. Our team has been engaged in privatizations, both on the government side, and on the side of the prospective foreign and local investors.
With experience over a wide range of sectors, we understand the unique issues that face governmental entities, and their sensitivities with respect to individual privatization projects. Our approach to privatization projects is to provide an integrated business consultancy model regarding the strategy adopted in planned asset transfers and regulatory matters and the execution of these activities.
Our expert team in the privatization field conducts due diligence and advises potential investors on regulatory risks associated with a proposed transaction. Our lawyers manage all processes with precision, including the selection of consultants, the preparation and negotiation of tender documents and contracts (consulting, development, and operation), and the establishment of special-purpose organizations and corporate structures. Collaborative solutions are also provided for licensing approval concerns as well as any other legal issues that arise during the privatization process.