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 the case, concluded that the
The Turkish Competition Authority clears a merger in the pipes markets subject to periodical notifications of prices, production and sale figures (Borusan / Mannesmannröhren)
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