Paksoy acted as transaction counsel in two new IPOs!

Gelecek Varlık Yönetimi A.Ş. (“Gelecek Varlık”), a leading asset management company operating under Fiba Group, and Anatolia Tanı ve Biyoteknoloji Ürünleri Sanayi ve Ticaret A.Ş. (“Anatolia”), a leading company in molecular diagnosis industry, successfully completed their initial public offerings (“IPO”) and were listed on Borsa Istanbul on the same day, 21 October 2021.

The IPO of Anatolia reached a size of TRY 516,9 million and the IPO of Gelecek Varlık reached a size of TRY 360,4 million and the both IPOs were oversubscribed and attracted a very strong demand by investors. Anatolia with the ticker of “ANGEN” and Gelecek Varlık, with the ticker of “GLCVY”, are trading on Borsa İstanbul as of 21 October 2021. For the first time in Borsa İstanbul’s history, a joint bell-ringing ceremony was held for two companies.

Paksoy is pleased to announce that the deal teams led by partners Omer Collak and Sera Somay together with counsel Ökkeş Şahan, senior associates Soner Dağlı and Merve Kurdak, and associate Bülent Öztürk acted as transaction counsel in these IPOs.