The Turkish Competition Authority clears a merger in the pipes markets subject to periodical notifications of prices, production and sale figures (Borusan / Mannesmannröhren)
The operation
The Parties intended to enter into a partnership whereby a Joint Venture will be established between the Parties. It is contemplated that Borusan will hold 77%, and Mannesmann will hold 23% of the shares of the Joint Venture.
The Turkish Competition Authority, upon its review of (...)
