We are proud to have acted in the IPO of Eksun Gıda which operates in the agriculture sector and owns the well-known brand Sinangil.
More than 1.2 million investors placed orders – this is a record number in the history of Borsa Istanbul. Book building was based on a fixed price of TRY 48.90 and it was 15 times oversubscribed on average. The company is trading on Borsa Istanbul’s Star Market as of 24 March 2023.
Eksun Gıda raised TRY 980 million in this IPO which will partly be invested in renewable energy to meet the energy needs of its factories.
Paksoy team led by partner Omer Collak, together with senior associate Merve Kurdak, and associates Melis Gençol İnce and Bengisu Yılmaz, acted as transaction counsel in this IPO.
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