BASEAK, the Istanbul-based law firm that cooperates with Dentons in Turkey, acted as transaction counsel on the landmark initial public offering (IPO) of Arzum. The IPO enjoyed 53,6 times oversubscription by Turkish retail investors and 18,7 times by Turkish institutional investors.

BASEAK partner Müfit Arapoğlu who led the transaction team said: “We are very happy to have worked on this landmark transaction. We believe this is a very important transaction as it will open the path to more successful public offerings in the Turkish market.”

BASEAK team consisted of Müfit Arapoğlu, Cenk Yılgör, Sena Mutlu, Erkin Tuzcular, Gözde Özturk, Ceren Köksoy, Ege Alpaykut, Hazal Durak and Berk Uysal.

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