Turkey

To those who thought sovereign wealth funds (SWFs) would hibernate until the end of the global recession, Qatar Investment Authority (QIA)'s involvement in the VW-Porsche megamerger... 2009-07-28

There were sparks in Turkey's energy sector this week, as Zorlu Enerji confirmed that one of its subsidiaries, Zorlu Natural Energy had signed a US$350mn loan with foreign branches... 2008-09-03

Russian oil firm LUKOIL has agreed to purchase Akpet, a Turkish fuel distributor, for a little over US$500mn. The deal is part of LUKOIL's strategy to raise its market share in Turkey... 2008-07-31

Dutch multi-national AEGON NV, one of the world's leading insurance companies has finalized the acquisition of the Turkish pension provider Ankara Emeklilik, as part of its broader... 2008-07-10

On March 14 Turkish holding company Global Yatirim, who bid along with local subsidiary Energaz, was announced as the winning bidder for Ankara's gas distribution grid. Yatirim offered... 2008-03-20

Turkey's insurance market is expected to see double-digit growth over the next few years, fuelled by the low degree of insurance penetration and a high degree of fragmentation. Turkey... 2008-03-04

Turkey's first major privatisation of the year was completed in late February with British American Tobacco (BAT) winning the bid for cigarette firm Tekel Sigara. BAT was the sole... 2008-02-26