Page 18 - TURKRptJul21

5.0 External Sector & Trade
5.1 Balance of payments, current account
Turkey’s official trade deficit was released at $4.15bn for May. The trade deficit for January to May narrowed by 13% y/y to $18bn.
5.2 FDI
Major M&As in Turkey
Date Sold Stake Price Buyer Seller
Jul-21 Kalamis Marina 40-year on sale Privatisation call OIB
Jun-21 Hepsiburada 23% $848mn IPO/Nasdaq Dogan(DOHOL),FranklinTempleton
Jun-21 Trendyol claim $2bn - Fundraising
Jun-21 OCR (Australia) - $15mn Oyak, Halkin (Australia) Fundraising
Jun-21 Augmency - - Inventram (Koc/KCHOL) Fundraising
Jun-21 Assan Foods full $100mn The Kraft Heinz (Germany) Kibar Holding
Jun-21 Alterna CX - $0.25mn Teknoloji Yatirim Fundraising
Jun-21 Yolda - $1.9mn Speedinvest, Collective Park etc. Fundraising
Jun-21 84MW Camlica I hydro - on sale Privatisation call OIB/EUAS
Jun-21 Hungri Games 11% $1.1mn Triple Dragon (UK) Fundraising
Jun-21 Litum - - Actera (UK) Fundraising
Jul-21 FGS 50% - Vodafone Turkey -
Jun-21 26MW Tortum hydro 49-year TRY223mn Mila Enerji OIB/EUAS
Jun-21 Getir - $555mn Tiger,Sequoia,Silver,DisruptAD,Mubadala Fundraising
Jun-21 Abonesepeti - - Keiretsu Fundraising
Jun-21 Oyak Invest (OYAYO) 35% TRY526mn IPO owners
Jun-21 Unlu & Co 26% TRY314mn IPO owners
Jun-21 882 private schools - - tourism, health firms -
Jun-21 BMS Celik(BMSCH) 26% TRY76mn IPO owners
May-21 Orka (Damat) 30% - Orka Holding Investcorp (Bahrain)
May-21 ATP Ticari 20% TRY180mn IPO owners
May-21 Bogazici Beton 30% TRY399mn IPO owners
May-21 n11 15% application IPO Dogus Holding (DGHOL)
May-21 Optiyol - - Ford Otosan (FROTO) Fundraising
May-21 Bluedot
- - Ford Otosan (FROTO) Fundraising
May-21 Tamek - - Oyak -
May-21 Kayseri Seker 15% TRY106mn IPO Kayseri Sugar Beet Association
May-21 MercanKimya(MERCN) 30.77% TRY163mn IPO owners
May-21 Whirlpool Turkey 100% €78.3mn Arcelik (ARCLK) Whirlpool (US)
May-21 Kalekim 26% TRY509mn IPO owners
May-21 Penta Teknoloji 48.34% TRY588mn IPO Gozde(GOZDE)(Yildiz Holding)
May-21 PayTR - - Actera Fundraising
May-21 Brightstar Turkey 100% talks Arena(ARENA)(Redington/India) Brightstar(US)
May-21 Anadolu Flgyt full - Xylem(US) -
18 TURKEY Country Report July 2021 www.intellinews.com