Paksoy Advises Migros on Merger with Kipa

Paksoy Advises Migros on Merger with Kipa

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Paksoy has advised Migros Ticaret A.S., on its August 31, 2018 merger with Kipa Ticaret A.S. following the July 19, 2018 approval of Turkey's Capital Markets Board. The resulting company will operate under the Migros brand.

Migros acquired Kipa from Tesco Overseas Investments Limited in March 2017 (as reported by CEE Legal Matters on March 3, 2018). 

Paksoy’s team consisted of Partner Sera Somay, Counsel Okkes Sahan, Senior Associates Nazli Bezirci and Gulce Saydam Pehlivan, and Associate Nazli Tonuk Capan.