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Deal Date: 04-12-2014 Practice Area: Corporate and M&A
Deal Title: IFC Acquisition of Stake in Soda Sanayii AS Industry: Beverages
White and Case LLP has advised International Finance Corporation on its acquisition of a 2.65 percent stake in Borsa Istanbul-listed Soda Sanayii A.S. IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. It is owned by 184 member countries and works in more than 100 developing countries. Soda Sanayii, an affiliate of Turkey-based global glass and chemical producer Sisecam Group, is among the world's ten largest soda producers with facilities in Turkey, Bulgaria, Bosnia-Herzegovina and Italy. It is also the world's largest producer of sodium bichromate and basic chromium sulphate. The White and Case team was led by partners Alan Burke (London) and Guniz Gokce (Istanbul) with support from associates Ozlem Dowling, Daniel Harrington-Greenwood (both London), Dilara Erik, Derin Altan and Ceylan Goknil (all Istanbul).
Financial Center: Istanbul Value: 0.00-0.00
Advised Party: Private Equity Investor Law Firm
Target Company Jurisdiction Turkey Acquiror Jurisdiction United States
Classification: Financial Buyer Acquisitions Minority Investment
Lawyer Guniz Gokce