08
Sun, Jun
86 New Articles

BASEAK and ErsoyBilgehan Advise on Gulf Capital's Sale of TurkNet

BASEAK and ErsoyBilgehan Advise on Gulf Capital's Sale of TurkNet

Turkiye
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Balcioglu Selcuk Ardiyok Keki Avukatlik Ortakligi has advised Gulf Capital on the sale of its 70% stake in TurkNet lletisim Hizmetleri A.S., an alternative Internet service provider in Turkey, to the members of the Celebiler family and a fund of Re-Pie Portfoy Yonetimi A.S. ErsoyBilgehan advised the Celebiler family on that deal, and on the immediate sale of 40% shares in Turknet to Re-pie. Baspinar & Partners reportedly advised Re-Pie on the deal.

As a result of the complex transaction, Gulf Capital now has no shareholding in TurkNet, while the Celebiler family has a 60% stake and Re-Pie has a 40% stake.

BASEAK's team included Managing Partner Galip Selcuk, Counsel Selahattin Kaya, and Associate Denizhan Uslu.

ErsoyBilgehan's team included Managing Partner Zihni Bilgehan, Senior Associate Yusuf Mansur Ozer, Associate Hande Pat, and Legal Trainee Serdar Akcay.

Dentons at a Glance

Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you.

Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

Firm's website.