Qatar Investment Authority’s Acquisition of Stake in Borsa Istanbul

GKC Partners and White & Case have advised the Qatar Investment Authority, while Ciftci Law Firm and Clifford Chances advised the Turkey Wealth Fund on the transaction.

As reported in CEE Legal Matters and in others online publications Qatar Investment Authority completed the acquisition of a 10% stake in the Borsa Istanbul stock exchange from the Turkey Wealth Fund, which retains an 80.6% stake.

The GKC Partners team was led by Partner Emre Ozsar (Picture) and included Associates Can Tolga Tezel and Gokcen Durgut.

White & Case’s team included Partner Ashley Ballard and Associate Richard Wilson.

Ciftci’s team included Partner Itir Ciftci, Senior Associate Umut Ozdogan, and Associate Seran Kalyoncu.

The Clifford Chances team was led by Prague-based Managing Partner Alex Cook.

Involved fees earner: Alex Cook – Clifford Chance; Gokcen Durgut – GKC Partners; Emre Ozsar – GKC Partners; Can Tolga Tezel – GKC Partners; Ashley Ballard – White & Case; Richard Wilson – White & Case; Seran Kalyoncu – Yegin Çiftçi Attorney Partnership; Umut Özdogan – Yegin Çiftçi Attorney Partnership;

Law Firms: Clifford Chance; GKC Partners; White & Case; Yegin Çiftçi Attorney Partnership;

Clients: Qatar Investment Authority; Turkey Wealth Fund;

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Author: Michael Patrini.