BAE Systems, a British multinational company providing some of the world’s most advanced, technology-led defence, aerospace and security solutions, has entered into a share purchase agreement with Turkish conglomerate Nurol Holding for the sale of its 49% stake in their joint venture Nurol BAE Systems, which operates in the aerospace and defence sector in Turkey. The transaction successfully closed on 21 November 2022, resulting in Nurol Holding taking over sole control of the company. BAE Systems remains a key supplier of the TF-X project with Turkish Aerospace and the parties have agreed to continue exploring joint opportunities in the Turkish aerospace sector.
Paksoy is pleased to announce that a team led by partner Stéphanie Beghe Sönmez, together with senior associate Zeynep Toma, associates Deniz Benli and Göksu Çetin, partner and head of tax & fiscal services Şansal Erbacıoğlu and senior tax specialist Canay Palak, acted as Turkish counsel to BAE Systems on this transaction.
Share
Related persons
You can contact us for detailed information.



Legal Information
This briefing is for information purposes; it is not legal advice. If you have questions, please call us. All rights reserved.
You May Be Interested In
15 June 2026
We have been named Türkiye’s National Law Firm of the Year at the IFLR Europe Awards 2026
Paksoy has been named Türkiye's National Law Firm of the Year at the IFLR Europe Awards 2026 - for the sixth time in the past eight……
1 June 2026
CEE Legal Matters named CVC’s Investment in Dream Games Deal of the Year for Türkiye
We are proud to have advised CVC on its investment in Dream Games, which has been named “Deal of the Year for Türkiye” at the CEE Legal…
6 May 2026
Paksoy advised Sapro on Maxis’ EUR 30 million investment to Sapro
Paksoy advised Sapro and its shareholders for the EUR 30 million investment by Maxis Türkiye Green Finance Project VCIF
20 April 2026
Paksoy advises Carrefour on the sale of its stake in CarrefourSA
On 17 April 2026, Carrefour entered into a share purchase agreement to sell its 32.16% stake in CarrefourSA, one of the major supermarket…
10 April 2026
Paksoy advises Anadolu Efes on the acquisition of a majority stake in Mercan Rakı
Anadolu Group has entered into an agreement to acquire a 60% stake in Tariş Üzüm, the producer of Mercan Rakı.
26 March 2026
We are recognised as top-tier by the Legal 500 EMEA 2026
Once again, our firm and lawyers have been recognised as top-tier by the Legal 500 EMEA 2026.
