With the disclosure dated 29.07.2023, it was announced that a Share Purchase Agreement was signed in order to purchase all of Stellantis Otomotiv Pazarlama A.Ş.'s (Stellantis Otomotiv) shares together with its current operations and distribution of brands (Peugeot, Citroen, Opel and DS Automobiles) in Turkey.
As a result of the evaluation made regarding the Competition Board authorization, which is among the closing conditions stated in the aforementioned announcement, it was decided by the Competition Board to take the transaction under final review in accordance with the first paragraph of Article 10 of the Law No. 4054 on the Protection of Competition. In this context, the process is ongoing and the previously announced completion date may change.
Important developments on the subject will be shared with our investors.
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