The financial signing ceremony for the Nakkaş-Başakşehir section of the Northern Marmara Highway Project was held on 18 October 2024. The project is one of Türkiye’s largest in the road sector and attracted a total investment of EUR 1.43 billion, with five project sponsors and 16 participating financial institutions. Samsung C&T and Korean sovereign funds KIND and KDB KIAMCO act as project sponsors alongside Turkish construction group Rönesans Holding and the Korea Expressway Corporation. The Korean consortium’s participation was hailed as the largest overseas road construction project ever won by a South Korean group.
Paksoy is pleased to announce that a team led by partners Stéphanie Beghe Sönmez and Sera Somay, along with counsel Zekican Samli, senior associate Sabri Kaya, and associate Bülent Öztürk, is acting as Turkish counsel to Samsung C&T, KIND and KDB KIAMCO in this transaction, with Ashurst serving as global counsel. Paksoy partner Ökkeş Şahan advised on capital markets aspects, while partner Togan Turan, together with associates Gamze Boran and Selen Toma, handled the merger clearance.
Share
Related area
Mergers and Acquisitions
Antitrust and Competition
Capital Markets
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
29 September 2025
Paksoy advises Merrill Lynch International on Vakıfbank share sale
Paksoy has advised the sole global coordinator and bookrunner, Merrill Lynch International, on the sale of 1.53% of the shares owned by…
25 September 2025
At Paksoy, we have implemented Legora, an industry-leading Generative AI platform designed for legal professionals, across the firm in all our practices
At Paksoy, we have implemented Legora, an industry-leading Generative AI platform designed for legal professionals, across the firm in all…
23 September 2025
Paksoy has been named “Türkiye Firm of the Year” at the Benchmark Litigation Europe Awards 2025
Paksoy has been named “Türkiye Firm of the Year” at the Benchmark Litigation Europe Awards 2025.
17 September 2025
Paksoy advises Ege Kimya on its recent acquisitions of Venator Materials’ Driers Book of Business and 100% of the shares in Metal Oksit
Ege Kimya is a leading Turkish chemicals company with operations in intermediate chemicals serving both domestic and international markets.…
9 September 2025
Paksoy advises Parsan, a Güriş Holding company listed on Borsa Istanbul, on the merger with Omtaş
Parsan, a Güriş Holding group company listed on Borsa Istanbul and active in integrated steel forging and machining business, has now…
4 September 2025
Paksoy advises Solventum on sale of purification and filtration business to Thermo Fisher
Solventum, an American healthcare company spun off from 3M in 2024, has completed the sale of its purification and filtration business to…