New Transaction / Deal

Ata Invest has undertaken one of the largest private M&A deals of Turkey in 2005 – advising GE Consumer Finance in the acquisition of Garanti Bank shares. Ata Invest has been assisting GE Capital in Turkey since 2000 to find an appropriate market entry strategy and Garanti Bank – one of the “4 Big” – represented an excellent opportunity for GE. The deal totaling 1.8 billion USD created several benchmarks ; the largest US based investment in Turkey, one of the largest investments for GE Capial in Europe, represented nearly 20% of total FDI received in 2005.

Besides advising GE, Ata Invest was also involved in the largest privatizations in Turkey by advising Arcelor in Erdemir and TPI Fund in Turk Telekom privatization projects. Ata Invest closed another cross-border M&A in advising News Corporation entity in its market entry.

During 2006, Ata Invest closed another M&A transaction the building materials sector. The Company named "Entegre", was a JV between Lafarge and Ata Group Company producing mortars, plasters, lime and agregates. This was a full Buyout from Lafarge.