In M&A transactions, it is common for buyers and sellers to struggle to agree on the company’s valuation. This is particularly the case for early-stage technology companies, where different valuation methods and approaches, diverging growth projections, and the lack of comparable transactions can significantly widen the gap between the parties’ expectations. One method frequently used […]
Bridging Borders: Navigating Cryptocurrency Regulations in the EU and Turkey
Introduction The EU has adopted a comprehensive and innovative regulatory framework known as MiCA Regulation (Regulation (EU) 2023/1114 of 31 May 2023 on markets in crypto-assets) which governs crypto-asset markets. This regulation introduces a dedicated and harmonized framework at the European Union (EU) level, providing specific rules for crypto-assets and related services and activities. Its […]
Legal Framework for Electronic Agreements in FinTech: Validity and Enforcement Across Turkey and Europe
FinTech has immense potential to enhance financial efficiency and inclusion across Europe and beyond. By addressing gaps in user needs often overlooked by traditional financial service providers, FinTech solutions cater to both existing demands and emerging needs fueled by the growing digital economy. In regions with high mobile phone and internet penetration, such as non-European […]
What is Convertible Debt as a Method of Quick Access to Finance?
There is no doubt that gaining access to investment is crucial for startups, but equally vital is accessing it swiftly. In investment rounds, parties must agree on both the company’s valuation and lengthy investment agreements, which often prolongs the process. Valuing startups, particularly in their early stages, is challenging, yet determining the company’s value is […]
Key Elements of Legal Due Diligence
The standard M&A deal usually commences with the formalisation and signing of a letter of intent and a non-disclosure agreement. Following this, a data room is assembled in alignment with the buyer’s legal due diligence checklist. Concurrently, negotiations on transaction documents ensue, driven by insights gained through the due diligence process. For the buyer, the […]
TURKEY: Comparative M&A Guide
In the dynamic landscape of global business, mergers and acquisitions (M&A) play a pivotal role in shaping the economic trajectory of nations. This comprehensive guide delves into the intricacies of Turkey’s M&A landscape, providing a comparative analysis that illuminates the legal dimensions of transactions within the country. Deal Structure 1- How are private M&A transactions […]
