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1 week ago | 
news.bloombergtax.com | Patrick Sykes |Asli Kandemir
Azerbaijan’s Socar is in advanced talks to buy a gas-fired power plant in Turkey, a move that would see the state-owned producer and exporter of the fuel move downstream into the country’s electricity market. Turkey’s Gama Enerji AS received a non-binding bid of $225 million to $250 million from Socar’s local unit for the 870-megawatt Ic Anadolu facility, people with knowledge of the matter said.
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1 week ago | 
news.bloomberglaw.com | Patrick Sykes |Asli Kandemir
Azerbaijan’s Socar is in advanced talks to buy a gas-fired power plant in Turkey, a move that would see the state-owned producer and exporter of the fuel move downstream into the country’s electricity market. Turkey’s Gama Enerji AS received a non-binding bid of $225 million to $250 million from Socar’s local unit for the 870-megawatt Ic Anadolu facility, people with knowledge of the matter said.
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2 weeks ago | 
bloomberg.com | Beril Akman |Asli Kandemir
An Akbank TAS bank branch in the Levent district in Istanbul, Turkey, on Wednesday, Aug. 7, 2024. Turkey's central bank said it will keep monetary policy restrictive until it sees a permanent slowdown in monthly inflation, underscoring its commitment to stay away from premature interest rate cuts.
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1 month ago | 
bloomberg.com | Kerim Karakaya |Tugce Ozsoy |Asli Kandemir |Beril Akman
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
yahoo.com | Kerim Karakaya |Tugce Ozsoy |Asli Kandemir |Beril Akman
(Bloomberg) -- US President Donald Trump praised Turkey’s President Recep Tayyip Erdogan, giving his endorsement to a government that’s faced a week of protests at home and an exodus of foreign capital amid a crackdown on the opposition.
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1 month ago | 
yahoo.com | Asli Kandemir |Beril Akman
(Bloomberg) -- Turkish central bank officials will meet with commercial lenders on Sunday to prepare for potential market volatility after a key opposition politician was formally arrested, said people with direct knowledge of the matter. Most Read from BloombergAdvertisementOfficials will discuss possible coordination with banks and take stock of the recent selloff in Turkish markets, said the people, who asked not to be identified as the meeting is private. The central bank declined to comment.
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2 months ago | 
bloomberg.com | Asli Kandemir |Beril Akman
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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Feb 5, 2025 | 
bloomberg.com | Asli Kandemir |Selcuk Gokoluk
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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Jan 7, 2025 | 
bloomberg.com | Asli Kandemir |Ercan Ersoy
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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Jan 7, 2025 | 
news.bloomberglaw.com | Asli Kandemir |Ercan Ersoy
Turkey’s M&A activity fell 15% to $5.85 billion in 2024, as investor appetite remained subdued despite the country’s return to conventional economic policies. The total number of transactions, excluding privatizations, climbed to 137, up from 97 in 2023, according to a report by the Ankara-based Competition Board, the country’s antitrust body.
