Lexist has advised the Turkish Privatization Administration of the Ministry of Treasury & Finance of Turkiye on the privatization of Fenerbahce Kalamis Marina.
According to Lexist, the original tender was awarded for USD 505 million, but after the highest bidder withdrew, the Privatization Administration invited the second highest bidder – Kalamis and Fenerbahce Marina Isletmeciligi – to execute a 40-year transfer of operating rights agreement for USD 504 million.
Kalkinma Yatirim Bankasi led the consultancy consortium formed with the Development and Investment Bank of Turkiye, Lexist, and MGS Engineering.
The Lexist team included Partner Mesut Kaya and Associate Feyza Abbasoglu.
