GKC Partners and White & Case advise 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 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.