White & Case advises Eczacıbaşı Holding on sale of stake in Eczacıbaşı İlaç

Global law firm White & Case LLP and GKC Partners have advised Eczacıbaşı Holding A.Ş. (Eczacıbaşı Holding) on the sale of a 3.28 percent stake in EİS Eczacıbaşı İlaç, Sınai ve Finansal Yatırımlar Sanayi ve Ticaret A.Ş. (Eczacıbaşı İlaç) to institutional investors.

The transaction raised approximately US$47 million through an accelerated bookbuilding process. The offering was executed by HSBC Bank plc, acting as sole global coordinator and bookrunner.

Eczacıbaşı Holding is a diversified Turkish conglomerate with operations in pharmaceuticals, consumer products and other sectors. Eczacıbaşı İlaç engages in real estate development activities and acts as a strategic partner in healthcare, building products and other industries.

The White & Case team in London which advised on the transaction led by partner Laura Sizemore and included associate George Davie. The GKC Partners team in Istanbul was led by counsel Derin Altan and included associate Muhammed Aşula. White & Case has a professional association with Istanbul-based GKC Partners.

Press contact
For more information please speak to your local media contact.