On May 25, 2016, the firm published an alert titled “Turkish IPOs – Key Issues for Market Participants.”
The Turkish IPO market has experienced significant activity in recent years, with 23 IPOs by Turkish companies since January 1, 2014, but the cumulative impact of economic growth and developing capital markets regulation has been tempered by political instability. However, there are signs that the outlook is set to improve, with reports of numerous companies expressing plans to go public in 2016 – 2018.