BASEAK Advises Arzum on IPO

BASEAK Advises Arzum on IPO

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

The Balcioglu Selcuk Akman Keki Attorney Partnership has advised Arzum on its initial public offering.

According to BASEAK, Arzum, a Turkish home appliances company, went public through “the full exit of its private equity shareholder SDA International S.a.r.l.” According to the firm, the IPO got “53.6 times more demand from Turkish retail investors and 18.7 times from Turkish institutional investors." Yapi Kredi Yatirim was the lead manager on the IPO.

BASEAK's team included Partner Mufit Arapoglu and Associates Cenk Yilgor, Sena Mutlu, Erkin Tuzcular,  Gozde Ozturk, Ceren Koksoy, Ege Alpaykut, Hazal Durak, and Berk Uysal.