December 2013 - Kinstellar was named Turkish M&A Law Firm of the Year for 2013 in the 7th annual Financial Times & Mergermarket European Awards. The gala awards dinner was held at The Savoy in London on 12 December 2013.
The Mergermarket M&A Awards are the most prestigious awards for the M&A advisory community in Europe, the Middle East & Africa. Halide Çetinkaya-Yılmaz, partner in Kinstellar’s Istanbul office and head of Kinstellar’s Turkish M&A practice commented: “We are honoured by this recognition of our team’s remarkable progress in establishing Kinstellar’s place among the leading M&A firms in Turkey just three years after our opening.”
Highlights in Turkey of Kinstellar’s year in M&A include advising Verbund AG on the EUR 1 billion asset swap transaction whereby Verbund traded a 50% stake in Enerjisa Enerji A.Ş., a joint venture between Verbund and Sabancı to E.ON for its interest in eight run-of-river hydro power plants in Germany, and advising the Aydinlar family and the Abraaj Group, as sellers, on the USD 252 million sale of a 90% shareholding in Acıbadem Sağlık ve Hayat Sigorta A.Ş., a leading provider of health insurance services in Turkey, to Khazanah Nasional Berhad, Malaysia's strategic investment fund.
Kinstellar Managing Partner Jason Mogg said:
“Kinstellar is committed to building an integrated premium offering across the emerging markets of Central, Eastern and Southeastern Europe, Turkey and Central Asia. We are grateful to our clients and referral firm partners who have recognized our commitment and our delivery on this promise. This award echoes that vote of confidence.”