In the year 2020, the volume of mergers & acquisitions between different companies in the corporate sector of Turkey reached 9 9 billion.
According to Turkish audit firm Deloitte, 300 purchase and merger agreements were signed, up 70 percent from last year.
Deloitte analyst Kevinj Jidam said that the purchase agreement between companies in various sectors in 2020 shows that the interest of investors in Turkey is increasing as compared to 2019.
The total volume of major procurement and merger deals was 40%. In mid-2020, the American online game company Zinga bought the Turkish company Unicorn. The deal was worth 1.8 billion.
Turkey's state wealth fund bought various insurance companies for کروڑ 953 million.
In 2020, major procurement deals were made by foreign companies worth 4. 4.6 billion. Despite the global coronavirus epidemic, foreign investors are expanding their business in Turkey.
European investors signed 47 purchase and merger deals worth 1. 1.2 billion. Qatar also bought shares of four Turkish companies, the biggest deal being the purchase of a 10% stake in the Istanbul Stock Exchange. Qatar has also bought a large shopping mall in Istanbul.
