EY Turkey

Mergers, acquisitions volume hit $5B in Turkey

Published by Hurriyet on Tue, 01/07/2020 - 13:22

The volume of mergers and acquisitions (M &A) transactions in Turkey, including unclosed ones, reached $5 billion in 2019, said audit and consulting giant Ernst & Young (EY) on Jan. 7.

Last year's volume was down on an annual basis, as high-volume transactions were replaced by medium- and low-volume transactions, said the EY Turkey report.

Foreign investors starting to ask 'how far is Istanbul from Syria?'

Published by Hurriyet on Thu, 01/14/2016 - 16:01

Turkey suffered a drop in mergers and acquisitions (M&A) last year of around $7 billion from the year before, as foreign investors start to be spooked by the country's exposure to unrest from neighboring Syria, according to a new report by Ernst & Young (EY). 

The drop comes at a time when the global M&A volume hit record high levels of $5.6 trillion, according to EY.