The acquisition of sole control over Kartek Holding AŞ (KARTEK) by Param Holdings International Coöperatief U. A. (PARAM) has been authorized, subject to the commitments submitted by PARAM

News Competition Sanctions & Fines

Date: 10th Jan, 2025 Source: Turkish Competition Authority Country: Turkey Original Source

Brief

"On 14/03/2024, the Turkish Competition Authority took the transaction under final examination and requested opinions from third parties. The Board authorized the transaction on 27/12/2024, subject to commitments submitted by PARAM, including separating KARTEK's executive boards and rendering strategic customer data inaccessible to PARAM or its employees."

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Turkish Competition Authority

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The acquisition of sole control over Kartek Holding AŞ (KARTEK) by Param Holdings International Coöperatief U. A. (PARAM) has been authorized, subject to the commitments submitted by PARAM

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The acquisition of sole control over Kartek Holding AŞ (KARTEK) by Param Holdings International Coöperatief U. A. (PARAM) has been authorized, subject to the commitments submitted by PARAM

Brief

Turkish Competition Authority

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