[Last updated: 1 January 2025, unless otherwise noted]

In Türkiye a tender offer is the method used to conduct a public takeover bid. The main difference between public M&A and other M&A transactions is the obligation of the purchaser to launch a mandatory tender offer in certain cases and the ability of the controlling shareholder to squeeze-out the minorities against their will. Furthermore, a voluntary tender offer can be a tool to accomplish a public M&A transaction, whereas there is no such tool for private transactions.