Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
18 February 2020
Deals | Turkey | Mergers & Acquisitions
Gide has advised Groupama Holding Filiales et Participations ("Groupama") on the sale and transfer to TVF Finansal Yatırımlar Anonim Şirketi, a subsidiary of Turkey Wealth Fund ("TWF"), of its 10% stake in Turkish insurance company, Güneş Sigorta A.Ş.
Closing occurred on 14 February 2020 after all regulatory approvals were obtained.
This transaction falls within the scope of an on-going global restructuring led by TWF aimed at consolidating pension/life and non-life insurance companies owned by Turkish state banks under a single umbrella.
Gide and its associated firm Özdirekcan Dündar Şenocak assisted Groupama with a team led by partner Arpat Şenocak and associate Mehmet Kösoğlu. TWF was assisted by Esin Avukatlik, with a team led by partner Caner Elmas and associate Sıla Pınar.
