Mergers and acquisitions (M&A) are complex processes that carry many legal and commercial risks. One of the most important legal points during these processes is the legal due diligence that will be carried out during the merger or acquisition. At this stage, the parties examine each other’s financial situation, debts, ongoing lawsuits, and legal compliance in detail. Particularly, the company’s active lawsuits, tax liabilities, and obligations related to employees can be transferred to the new company after the acquisition.

Another critical issue is whether this merger or acquisition can be approved from the perspective of competition law. To ensure that competition is not adversely affected in a particular market, the acquisition process may be examined by the Competition Authority, and in some cases, approval may be required. Additionally, the transfer of contracts and the protection of employee rights are also legal matters that need to be considered.