2008 - Financial Advisor to the Government of Turkey
In 2008, Raiffeisen Investment was part of an advisory consortium to the Government of Turkey on the privatisation of the electricity distribution companies Baskent Elektrik Dagıtım (BEDAŞ) and Sakarya Elektrik Dagıtım AS (SEDAŞ) by means of share sale. BEDAŞ was sold for EUR 776m to Enerjisa, a consortium formed by Verbund and Sabancı while SEDAŞ was sold for EUR 380m to Akcez, a consortium between CEZ and Akenerji. Both deals were closed in September 2008.
2007 - Privatisation Advisor to the Turkish Government
In 2007, Raiffeisen Investment acted as sell side advisor to the Privatisation Administration of Turkey on the sale a of 51% stake in PETKIM Petrochemical Holding to the Consortium of Injaz Projects of Saudi Arabia and Turcas Petroleum of Turkey.
Transaction Value: USD 2.005.000.000
2006 - Buy-side Advisor to Celebi
Underpinning its already strong position in Turkey and Hungary, Raiffeisen Investment has successfully advised the Turkish Celebi group on the acquisition of 100% of the share capital of Budapest Airport Ground Handling Ltd. Having experienced a period of substantial growth in its domestic market, this acquisition marks the Celebi's first step into Central and Eastern Europe, Europe's most rapidly growing market in terms of passenger and cargo growth.
2006 – Privatisation Advisor to the Government
In 2004-2005 Raiffeisen Investment advised the Turkish Privatisation Administration for the sale of a majority stake in ERDEMIR, the largest steel privatisation by transaction values in 2005, 49% of which was sold to the OYAK Group for more than twice its market capitalisation.
