Müşfik Cantekinler

Turkey's merger and acquisition volume plunges amid security concerns, economic problems

Turkey's merger and acquisition volume plunged by over half to $7 billion amid security concerns and rising economic problems, according to a new report, which showed that many foreign direct investors have been steering clear of Turkey. 

The Merger and Acquisition Transactions Report by EY showed on Jan. 12 that Turkey's M&A volume has plummeted to its lowest level since 2009.