On 29 July 2026, Azimut, a leading international asset management group, entered into a share purchase agreement to acquire approximately 100% of Yapı Kredi Portföy, the asset management subsidiary of Yapı Kredi and one of Türkiye's leading portfolio management companies.
The transaction also includes a long-term, first-of-its-kind strategic partnership supported by a 15-year distribution agreement, providing Azimut with exclusive access to Yapı Kredi's wide network. The transaction is expected to close upon completion of customary regulatory approvals including approvals from the Capital Markets Board and the Competition Board.
Paksoy is pleased to announce that the transaction is led by partner Nazlı Bezirci, together with associate Mustafa Karadaş acting as counsel to Azimut. Partner Ökkeş Şahan advised on capital markets aspects of the transaction, while partner Togan Turan and associate Oğulcan Halebak advised on competition law matters.