Kolcuoglu Demirkan Kocakli Advised on the Deal of the Year in Ernst & Young's Merger and Acquisitions Report for 2019

In its Mergers and Acquisitions Report 2019, Ernst & Young has selected PayU’s acquisition of iyzico as the Deal of the Year 2019. Kolcuoglu Demirkan Kocakli advised iyzico, the market leader in e-money and payment services in Turkey, and its shareholders on this transaction.

Qualification of WhatsApp Communication as Evidence under the Competition Law

Kolcuoglu Demirkan Kocakli Attorneys at Law’s Competition Law Counsel, Neyzar Unubol analyses the recent decision of the Turkish Competition Board in relation to whether WhatsApp correspondence could be considered as evidence of anticompetitive conduct.

KDK’s Competition Law Counsel Neyzar Unubol Discussed Abuse of the Dominant Position

In the second session of the Fundamental Competition Law Training Seminar, held by Istanbul Bar Association Consumer Rights and Competition Law Center on 14 December 2019, KDK’s Competition Law Counsel Neyzar Unubol made a presentation on Abuse of the Dominant Position.

The Great Istanbul Tunnel Project

Istanbul Metropolitan Municipality has approved the plan for the Great Istanbul Tunnel Project, a three-level sub-sea tunnel that will connect the two continents with one railway and two highways.

Akkuyu Nuclear Power Plant

Akkuyu Nuclear Power Plant in Mersin is expected to become a major energy resource for Turkey.

IGA Refinancing

IGA, the constructor and operator of the Istanbul Airport, plans to refinance its debts arising from the airport project amounting to around EUR 5 billion.

Airport Investments

The Investment Office states that increasing the total passenger capacity of the Turkish airports to 350 million per year is aimed at an expected investment amount of USD 30 billion.

Dual Motorways Projects

The Ministry of Transport and Infrastructure intends to build dual motorways covering Turkey coast to coast.

Kanal Istanbul

Another mega infrastructure project for which the tender process is expected to commence soon is “Kanal Istanbul”.

East Mediterranean Container Port

The Ministry of Transport and Infrastructure plans to construct a new container port in Mersin with an annual 12.8 million TEU capacity.

Integrated Healthcare Campuses

The Turkish Ministry of Health has ongoing PPP tender processes for city hospitals in Sakarya, Istanbul Sancaktepe, Aydin, Denizli, Antalya, Samsun, Ordu, Trabzon, Rize and Diyarbakir. They also plan to construct a city hospital in Izmir Tinzatepe.

Izmir Bay Crossing

The Turkish Ministry of Transport and Infrastructure has plans to tender a crossing project in order to connect the south and north coasts of Izmir Bay.