“An expert is a person who has made all the mistakes that can be made in a very narrow field”. - Niels Bohr (1885 - 1962).
Acquisitions can be risky, and mistakes are expensive. But the success of many multinationals over the coming decade may depend as much on their activities in emerging markets as it does on their home markets. Turkey is among the more stable and “easier” of the major emerging markets, but an acquisition here still deserves careful planning. We have been engaged continuously on transaction support here during the foreign investment boom over the past three years, and we also conducted many engagements in earlier times. We would be pleased to add our experience to yours. “Our” experience means not just that of our corporate finance professionals, but also many tax, consulting and audit partners and managers, which we in the corporate finance division can call on whenever needed in an integrated team. We also work jointly on many projects with corporate finance professionals from other Deloitte offices around the world.
Our recent experience shows that transactions often face key issues in some or all of these areas: