{"id":105955,"date":"2020-01-07T13:03:48","date_gmt":"2020-01-07T10:03:48","guid":{"rendered":"https:\/\/www.enerjigazetesi.ist\/?p=105955"},"modified":"2020-01-07T13:13:13","modified_gmt":"2020-01-07T10:13:13","slug":"ey-turkiye-birlesme-ve-satin-alma-islemleri-2019-raporunu-yayimladi","status":"publish","type":"post","link":"https:\/\/www.enerjigazetesi.ist\/en\/ey-turkiye-birlesme-ve-satin-alma-islemleri-2019-raporunu-yayimladi\/","title":{"rendered":"(Turkish) &#8217;EY T\u00fcrkiye&#8217;nin &#8216;Birle\u015fme ve Sat\u0131n Alma \u0130\u015flemleri 2019 Raporu&#8217; Yay\u0131mland\u0131"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-en\">Sorry, this entry is only available in <a href=\"https:\/\/www.enerjigazetesi.ist\/tr\/wp-json\/wp\/v2\/posts\/105955\" class=\"qtranxs-available-language-link qtranxs-available-language-link-tr\" title=\"Turkish\">Turkish<\/a>. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language.<\/p><p><\/p>\n<h1>2019 y\u0131l\u0131nda birle\u015fme ve sat\u0131n alma i\u015flemleri adet olarak artarken, i\u015flem hacminde d\u00fc\u015f\u00fc\u015f g\u00f6r\u00fcld\u00fc.<\/h1>\n<h2><strong>EY Kurumsal Finansman B\u00f6l\u00fcm\u00fc, her y\u0131l haz\u0131rlad\u0131\u011f\u0131 ve bu y\u0131l 18.\u2019sini yay\u0131nlad\u0131\u011f\u0131 Birle\u015fme ve Sat\u0131n Alma \u0130\u015flemleri 2019 Raporu\u2019nu, bir bas\u0131n toplant\u0131s\u0131 ile a\u00e7\u0131klad\u0131. Rapora g\u00f6re, t\u00fcm d\u00fcnyada birle\u015fme ve sat\u0131n alma aktivitesinde 2018\u2019e k\u0131yasla i\u015flem hacminde d\u00fc\u015f\u00fc\u015f ger\u00e7ekle\u015fti. T\u00fcrkiye\u2019de i\u015flem adedinde art\u0131\u015f, i\u015flem hacminde ise d\u00fc\u015f\u00fc\u015f ger\u00e7ekle\u015fti. \u0130\u015flem de\u011feri a\u00e7\u0131klanan 75 i\u015flemle toplam 2,7 milyar ABD dolar\u0131 tutar\u0131nda i\u015flem hacmi yarat\u0131ld\u0131. De\u011feri a\u00e7\u0131klanmam\u0131\u015f i\u015flemlerle birlikte toplam hacim yakla\u015f\u0131k 5 milyar ABD dolar\u0131 oldu. \u0130\u015flem adedindeki art\u0131\u015f\u0131 i\u015flemlerin genellikle k\u00fc\u00e7\u00fck ve orta boyuttaki (KOB\u0130) \u015firketlere yo\u011funla\u015fmas\u0131na ba\u011flayan EY T\u00fcrkiye Kurumsal Finansman B\u00f6l\u00fcm\u00fc Ba\u015fkan\u0131 \u00d6zge G\u00fcrsoy B\u00fcy\u00fckav\u015far, i\u015flem hacmindeki d\u00fc\u015f\u00fc\u015f\u00fcn temel nedeni olarak da, 2019 y\u0131l\u0131nda, 100 milyon dolar \u00fczerinde 9 tane i\u015flemin ge\u00e7ekle\u015fmesine ve ortalama i\u015flem b\u00fcy\u00fckl\u00fcklerinin d\u00fc\u015fmesine i\u015faret etti. Rapora g\u00f6re, ekonomik g\u00f6stergelerdeki iyile\u015fmelerle birlikte 2020 y\u0131l\u0131n\u0131n i\u015flem hacmi ve yo\u011funlu\u011fu a\u00e7\u0131s\u0131ndan 2019 y\u0131l\u0131na k\u0131yasla daha aktif bir y\u0131l olmas\u0131 bekleniyor. <\/strong><\/h2>\n<p>D\u00fcnyan\u0131n \u00f6nde gelen denetim ve dan\u0131\u015fmanl\u0131k firmas\u0131 EY\u2019\u0131n T\u00fcrkiye Kurumsal Finansman B\u00f6l\u00fcm\u00fc, her <img loading=\"lazy\" class=\"alignright wp-image-105957\" src=\"https:\/\/www.enerjigazetesi.ist\/wp-content\/uploads\/2020\/01\/ey-turkiye-birlesme-ve-satin-alma-islemleri-2019-raporunu-yayimladi.jpg\" alt=\"\" width=\"320\" height=\"213\" srcset=\"https:\/\/www.enerjigazetesi.ist\/wp-content\/uploads\/2020\/01\/ey-turkiye-birlesme-ve-satin-alma-islemleri-2019-raporunu-yayimladi.jpg 732w, https:\/\/www.enerjigazetesi.ist\/wp-content\/uploads\/2020\/01\/ey-turkiye-birlesme-ve-satin-alma-islemleri-2019-raporunu-yayimladi-300x200.jpg 300w, https:\/\/www.enerjigazetesi.ist\/wp-content\/uploads\/2020\/01\/ey-turkiye-birlesme-ve-satin-alma-islemleri-2019-raporunu-yayimladi-500x333.jpg 500w, https:\/\/www.enerjigazetesi.ist\/wp-content\/uploads\/2020\/01\/ey-turkiye-birlesme-ve-satin-alma-islemleri-2019-raporunu-yayimladi-75x50.jpg 75w, https:\/\/www.enerjigazetesi.ist\/wp-content\/uploads\/2020\/01\/ey-turkiye-birlesme-ve-satin-alma-islemleri-2019-raporunu-yayimladi-450x300.jpg 450w\" sizes=\"(max-width: 320px) 100vw, 320px\" \/>y\u0131l yay\u0131nlad\u0131\u011f\u0131 ve bir ba\u015fvuru kayna\u011f\u0131 olarak kabul edilen <strong>Birle\u015fme ve Sat\u0131n Alma \u0130\u015flemleri Raporu\u2019nun<\/strong> 18.\u2019sini a\u00e7\u0131klad\u0131. Rapora g\u00f6re; T\u00fcrkiye\u2019de i\u015flem say\u0131s\u0131 <strong>2018 y\u0131l\u0131na<\/strong> g\u00f6re bir miktar art\u0131\u015f g\u00f6sterirken, i\u015flem hacminde ise d\u00fc\u015f\u00fc\u015f ger\u00e7ekle\u015fti. <strong>2020 y\u0131l\u0131<\/strong> i\u00e7in ise yabanc\u0131 yat\u0131r\u0131mc\u0131lar\u0131n T\u00fcrkiye\u2019ye ilgisinin artarak devam edece\u011fi, beklenen kamu kaynakl\u0131 i\u015flemlerin ve ertelenmi\u015f baz\u0131 \u00f6zel sekt\u00f6r i\u015flemlerinin ger\u00e7ekle\u015fmesine ba\u011fl\u0131 olarak 2019 y\u0131l\u0131na g\u00f6re \u00f6nemli bir art\u0131\u015fla yakla\u015f\u0131k <strong>8 milyar ABD dolar\u0131<\/strong> tutar\u0131nda i\u015flem hacmi olu\u015faca\u011f\u0131 \u00f6ng\u00f6r\u00fcl\u00fcyor.<\/p>\n<h2><strong>2019 y\u0131l\u0131nda yava\u015flayan k\u00fcresel ekonomik b\u00fcy\u00fcmeye ra\u011fmen T\u00fcrkiye\u2019de ekonomik dengelenme \u00f6n plana \u00e7\u0131kt\u0131<\/strong><\/h2>\n<p>2019 y\u0131l\u0131, <strong>ABD ve \u00c7in<\/strong> aras\u0131nda devam eden ticaret gerilimi, genel olarak t\u00fcm d\u00fcnyada ba\u015f g\u00f6steren korumac\u0131l\u0131k e\u011filimi, \u00c7in\u2019de ekonomik b\u00fcy\u00fcmenin yava\u015flamas\u0131 ve <strong>Brexit s\u00fcrecinin<\/strong> de uzamas\u0131yla beraber d\u00fcnya ekonomisinde b\u00fcy\u00fcmenin olduk\u00e7a d\u00fc\u015f\u00fck seviyelerde kald\u0131\u011f\u0131 ve <strong>k\u00fcresel resesyon beklentilerinin<\/strong> artt\u0131\u011f\u0131 bir y\u0131l oldu. <strong>2018 y\u0131l\u0131ndaki<\/strong> d\u00f6viz kuru ve faizlerdeki y\u00fckseli\u015fin ard\u0131ndan, T\u00fcrkiye ise, d\u00f6viz kurlar\u0131nda stabilitenin sa\u011flanmas\u0131yla <strong>enflasyon ve faizlerin d\u00fc\u015ft\u00fc\u011f\u00fc<\/strong>, cari a\u00e7\u0131ktan cari fazlaya ge\u00e7ildi\u011fi ve ekonominin dengelendi\u011fi bir y\u0131l\u0131 geride b\u0131rakt\u0131.<\/p>\n<p>Rapora g\u00f6re, <strong>2019 y\u0131l\u0131nda<\/strong>, t\u00fcm d\u00fcnyada birle\u015fme ve sat\u0131n alma aktivitesinde i\u015flem adedi 2018 seviyelerine benzer ger\u00e7ekle\u015firken, i\u015flem hacminde ise az miktarda d\u00fc\u015f\u00fc\u015f ger\u00e7ekle\u015fti. T\u00fcrkiye\u2019de ise, i\u015flem hacminde d\u00fc\u015f\u00fc\u015f ya\u015fan\u0131rken, i\u015flem say\u0131s\u0131 ise 2018 y\u0131l\u0131na g\u00f6re bir miktar art\u0131\u015f g\u00f6stererek 212 olarak ger\u00e7ekle\u015fti. <strong>2019 y\u0131l\u0131nda<\/strong> de\u011feri a\u00e7\u0131klanan 75 i\u015flemle toplam 2,7 milyar ABD dolar\u0131 tutar\u0131nda i\u015flem hacmi yarat\u0131ld\u0131 (2018 y\u0131l\u0131: 9,3 milyar ABD dolar\u0131). <strong>De\u011feri a\u00e7\u0131klanan i\u015flemler<\/strong> aras\u0131nda milyar ABD dolar\u0131 seviyesini a\u015fan i\u015flem bulunmazken, <strong>100 milyon ABD dolar\u0131<\/strong> seviyesini a\u015fan i\u015flem say\u0131s\u0131 9 olarak ger\u00e7ekle\u015fti. <strong>KOB\u0130\u2019lerdeki i\u015flem yo\u011funlu\u011fu<\/strong>, ge\u00e7ti\u011fimiz senelerde oldu\u011fu gibi <strong>2019 y\u0131l\u0131nda<\/strong> da artarak devam etti.<\/p>\n<h2><strong>Yabanc\u0131 yat\u0131r\u0131mc\u0131lar, 2018 y\u0131l\u0131nda da oldu\u011fu gibi i\u015flem hacminde yerli yat\u0131r\u0131mc\u0131lar\u0131 a\u00e7\u0131k ara geride b\u0131rakt\u0131<\/strong><\/h2>\n<p>2018 y\u0131l\u0131nda toplam i\u015flem hacminin <strong>% 69<\/strong>\u2019unu ger\u00e7ekle\u015ftiren yabanc\u0131 yat\u0131r\u0131mc\u0131lar, <strong>2019 y\u0131l\u0131nda<\/strong> toplam i\u015flem hacminin <strong>% 76<\/strong>\u2019s\u0131n\u0131 ger\u00e7ekle\u015ftirerek <strong>yerli yat\u0131r\u0131mc\u0131lar\u0131n \u00f6n\u00fcndeki<\/strong> yerini korudu. \u0130\u015flem adedi olarak ise ge\u00e7en senelerde oldu\u011fu gibi, <strong>yerli yat\u0131r\u0131mc\u0131lar, yabanc\u0131 yat\u0131r\u0131mc\u0131lar\u0131<\/strong> geride b\u0131rakarak, 135 i\u015flem ger\u00e7ekle\u015ftirdi. <strong>Yabanc\u0131 yat\u0131r\u0131mc\u0131lar<\/strong> i\u015flem adedini ge\u00e7en seneye oranla (2018 y\u0131l\u0131: 67) bir miktar artt\u0131rarak <strong>77 i\u015flem<\/strong> ger\u00e7ekle\u015ftirdi.<\/p>\n<p>Yabanc\u0131 yat\u0131r\u0131mc\u0131lar\u0131n ger\u00e7ekle\u015ftirdikleri <strong>i\u015flem adedinin ve \u00f6zellikle i\u015flem hacminin<\/strong> beklenenin olduk\u00e7a alt\u0131nda oldu\u011funa vurgu yapan EY T\u00fcrkiye Kurumsal Finansman B\u00f6l\u00fcm\u00fc Orta\u011f\u0131 <strong>\u0130lhami Ko\u00e7<\/strong>, <strong>\u201c<em>Yabanc\u0131 yat\u0131r\u0131mc\u0131lar\u0131n ger\u00e7ekle\u015ftirdikleri i\u015flem hacminin 2019 y\u0131l\u0131nda 2 milyar ABD dolar\u0131n\u0131n biraz \u00fczerinde ger\u00e7ekle\u015fti\u011fini g\u00f6r\u00fcyoruz. Bu rakam, ge\u00e7en seneye oranla d\u00fc\u015f\u00fc\u015f g\u00f6sterirken, T\u00fcrkiye\u2019nin potansiyelinin alt\u0131nda bir rakam olarak de\u011ferlendiriyoruz. Bunda, yabanc\u0131 yat\u0131r\u0131mc\u0131lar\u0131n daha k\u00fc\u00e7\u00fck boyutlardaki \u015firketlere yat\u0131r\u0131m yapmas\u0131n\u0131n da \u00f6nemli etkisi oldu\u011funu ve yabanc\u0131 yat\u0131r\u0131mc\u0131lar\u0131n daha az ilgi g\u00f6sterdi\u011fi bir y\u0131l oldu\u011funu s\u00f6yleyebiliriz<\/em>\u201d <\/strong>a\u00e7\u0131klamas\u0131nda bulundu.<\/p>\n<h2><strong>\u00d6zel sermaye fonlar\u0131n\u0131n T\u00fcrkiye\u2019ye ilgisi 2018 y\u0131l\u0131n\u0131n bir miktar \u00fczerinde seyretti<\/strong><\/h2>\n<p>2019 y\u0131l\u0131nda <strong>\u00f6zel sermaye fonlar\u0131n\u0131n<\/strong> ger\u00e7ekle\u015ftirdi\u011fi i\u015flemlerin hem adedinde hem de hacminde 2018\u2019e g\u00f6re art\u0131\u015f g\u00f6r\u00fcld\u00fc. <strong>\u00d6zel sermaye fonlar\u0131<\/strong>, 2019 y\u0131l\u0131nda <strong>53 i\u015fleme imza<\/strong> atarak, de\u011feri a\u00e7\u0131klanan i\u015flemlerle toplam <strong>479 milyon ABD dolar\u0131<\/strong> seviyesinde hacim ger\u00e7ekle\u015ftirmi\u015f oldu. Bu y\u0131l, toplam i\u015flem adedinin <strong>% 25<\/strong>\u2019ini olu\u015fturan \u00f6zel sermaye fonlar\u0131n\u0131n ger\u00e7ekle\u015ftirdi\u011fi de\u011feri a\u00e7\u0131klanan en <strong>y\u00fcksek hacimli i\u015flem<\/strong> ise Mayhoola\u2019n\u0131n <strong>Boyner Perakende<\/strong>\u2019nin <strong>%43,91 hissesini<\/strong> sat\u0131n almas\u0131 oldu.<\/p>\n<p><strong>\u00d6zel sermaye fonlar\u0131n\u0131n<\/strong> aktivitesinin \u00f6n\u00fcm\u00fczdeki d\u00f6nemde artaca\u011f\u0131na de\u011finen EY T\u00fcrkiye Kurumsal Finansman B\u00f6l\u00fcm\u00fc K\u0131demli M\u00fcd\u00fcr\u00fc Mert G\u00f6knar, \u201c<strong><em>Son y\u0131llarda \u00fclkemizden uzakla\u015fan \u00f6zel sermaye ve giri\u015fim fonlar\u0131n\u0131n, ekonomik a\u00e7\u0131dan daha \u00f6ng\u00f6r\u00fclebilir bir d\u00f6neme giriliyor olmas\u0131 ve b\u00fcy\u00fcme ivmesinin tekrar yakalanacak olmas\u0131 nedenleriyle, se\u00e7ici de olsa yat\u0131r\u0131m yapmaya ba\u015flayacaklar\u0131n\u0131 \u00f6ng\u00f6r\u00fcyoruz. Bunlara ek olarak, T\u00fcrkiye\u2019deki yat\u0131r\u0131m f\u0131rsatlar\u0131n\u0131n geli\u015fmekte olan \u00fclkelere yat\u0131r\u0131m yapan yat\u0131r\u0131mc\u0131lar i\u00e7in g\u00f6rece d\u00fc\u015f\u00fck maliyetli olmas\u0131n\u0131n da bu s\u00fcreci h\u0131zland\u0131rmas\u0131n\u0131 bekliyoruz<\/em><\/strong>\u201d a\u00e7\u0131klamas\u0131nda bulundu.<\/p>\n<h2><strong>2019\u2019da ula\u015ft\u0131rma ve imalat sekt\u00f6rleri hacim baz\u0131nda ilk iki s\u0131ray\u0131 al\u0131rken, teknoloji taraf\u0131ndaki i\u015flemler ile bili\u015fim sekt\u00f6r\u00fc i\u015flem adedi baz\u0131nda liderli\u011fini korudu <\/strong><\/h2>\n<p><strong>2019 y\u0131l\u0131nda<\/strong> ula\u015ft\u0131rma (altyap\u0131 da dahil olmak \u00fczere) ve imalat sekt\u00f6rleri i\u015flem hacmi baz\u0131nda ilk iki s\u0131ray\u0131 al\u0131rken, bili\u015fim sekt\u00f6r\u00fc de adet baz\u0131nda ilk s\u0131rada yer ald\u0131. Ula\u015ft\u0131rma sekt\u00f6r\u00fcnde altyap\u0131 taraf\u0131nda ger\u00e7ekle\u015fen i\u015flemlerin de katk\u0131s\u0131yla 11 i\u015flem ile 700 milyon ABD dolar\u0131 tutar\u0131nda i\u015flem hacmi yarat\u0131ld\u0131. <strong>ICA<\/strong>\u2019n\u0131n (Yavuz Sultan Selim K\u00f6pr\u00fcs\u00fc ve Otoyol \u0130\u015fletme) <strong>%51<\/strong> hissesinin 688,5 milyon ABD dolar\u0131 bedelle sat\u0131n al\u0131nmas\u0131 ula\u015ft\u0131rma sekt\u00f6r\u00fcndeki en y\u00fcksek tutarl\u0131 i\u015flem olarak g\u00f6ze \u00e7arp\u0131yor. \u0130malat sekt\u00f6r\u00fcnde ise <strong>Eaton<\/strong>\u2019\u0131n <strong>Ulusoy Elektrik<\/strong>\u2019in <strong>%82,28<\/strong> hissesini <strong>234,8 ABD dolar\u0131 kar\u015f\u0131l\u0131\u011f\u0131nda<\/strong> sat\u0131n almas\u0131 \u00f6n plana \u00e7\u0131kt\u0131 ve imalat sekt\u00f6r\u00fc i\u015flem hacmi baz\u0131nda 2&#8217;nci s\u0131rada yer ald\u0131. \u0130\u015flem adedinde ise, ge\u00e7ti\u011fimiz senelerde oldu\u011fu gibi, \u00e7o\u011funlu\u011fu teknoloji taraf\u0131nda ger\u00e7ekle\u015fen ve k\u00fc\u00e7\u00fck i\u015flemlerden olu\u015fan 71 i\u015flem ile bili\u015fim sekt\u00f6r\u00fc \u00f6ne \u00e7\u0131kt\u0131. Ayr\u0131ca, i\u015flem hacmi a\u00e7\u0131klanmayan, <strong>EY T\u00fcrkiye<\/strong> olarak al\u0131c\u0131 taraf dan\u0131\u015fman\u0131 olarak rol ald\u0131\u011f\u0131m\u0131z, <strong>\u00d6ztiryakiler<\/strong>\u2019in %28,58 hissesinin Hoshizaki\u2019ye sat\u0131lmas\u0131 ve SOCAR T\u00fcrkiye\u2019nin <strong>EWE T\u00fcrkiye<\/strong> ve grup \u015firketlerini <strong>sat\u0131n almas\u0131 i\u015flemleri<\/strong> de 2019\u2019un \u00f6nemli i\u015flemleri aras\u0131nda yer ald\u0131.<\/p>\n<h2><strong>Kamu kaynakl\u0131 i\u015flemler, \u00f6zel sekt\u00f6r i\u015flemlerinin gerisinde kald\u0131<\/strong><\/h2>\n<p><strong>Kamu kaynakl\u0131 i\u015flemler 2018<\/strong>\u2019e oranla d\u00fc\u015f\u00fc\u015f g\u00f6sterdi ve sadece 3 adet kamu kaynakl\u0131 i\u015flem ger\u00e7ekle\u015fti. Ger\u00e7ekle\u015fen en \u00f6nemli kamu kaynakl\u0131 i\u015flem, \u0130ddaa\u2019n\u0131n i\u015fletme hakk\u0131 devri ihalesinin \u015eans Giri\u015fim Grubu (Demir\u00f6ren Holding, Scientific Games) taraf\u0131ndan kazan\u0131lmas\u0131 olarak g\u00f6ze \u00e7arp\u0131yor. Rapora g\u00f6re; 2020 y\u0131l\u0131nda kamu kaynakl\u0131 i\u015flemlerin tekrardan t\u00fcm birle\u015fme ve sat\u0131n alma i\u015flemleri i\u00e7erisinde \u00f6nemli bir paya sahip olaca\u011f\u0131 tahmin ediliyor.<\/p>\n<h2><strong>2020 y\u0131l\u0131na ili\u015fkin beklentilerde, 2019 y\u0131l\u0131ndaki ekonomik dengelenmeyle beraber, olumlu g\u00f6r\u00fc\u015fler yer al\u0131yor<\/strong><\/h2>\n<p><strong>EY Birle\u015fme ve Sat\u0131n Alma \u0130\u015flemleri 2019 Raporu<\/strong> ayn\u0131 zamanda 2020 \u00f6ng\u00f6r\u00fclerini de ortaya koyuyor. Raporda, ekonomide sa\u011flanan dengelenme ile daha \u00f6ng\u00f6r\u00fclebilir bir d\u00f6neme girilmesinin yat\u0131r\u0131mc\u0131 beklentilerini genel olarak olumlu y\u00f6nde etkileyece\u011fine ve <strong>sat\u0131n alma ve birle\u015fme faaliyetlerinin<\/strong> ivme kazanaca\u011f\u0131na dikkat \u00e7ekiliyor. Bu konuya ek olarak geli\u015fmi\u015f \u00fclkelerdeki d\u00fc\u015f\u00fck finansman maliyetleri de yabanc\u0131 yat\u0131r\u0131mc\u0131lar\u0131n yapaca\u011f\u0131 sat\u0131n almalar\u0131 kolayla\u015ft\u0131racak bir fakt\u00f6r olarak g\u00f6steriliyor.<\/p>\n<p>Raporda ayr\u0131ca, <strong>2020 y\u0131l\u0131 i\u00e7in<\/strong> birle\u015fme ve sat\u0131n alma i\u015flemlerinde, ge\u00e7mi\u015f y\u0131llarda oldu\u011fu gibi k\u00fc\u00e7\u00fck ve orta \u00f6l\u00e7ekli i\u015flemlerin a\u011f\u0131rl\u0131\u011f\u0131n\u0131 korumaya devam edece\u011fi ve bir s\u00fcredir beklenen b\u00fcy\u00fck \u00f6l\u00e7ekli baz\u0131 i\u015flemlerin de ger\u00e7ekle\u015febilece\u011fi \u00f6ng\u00f6r\u00fcl\u00fcyor. Ge\u00e7mi\u015f senelerde oldu\u011fu gibi <strong>bili\u015fim ve enerji sekt\u00f6rlerinin<\/strong> \u00f6ne \u00e7\u0131kaca\u011f\u0131, bunlara ek olarak<strong> katma de\u011ferli imalat, hizmet, ula\u015ft\u0131rma, kimya, sa\u011fl\u0131k ve turizm sekt\u00f6rlerinin<\/strong> de yat\u0131r\u0131mc\u0131 ilgisi \u00e7ekece\u011fi de\u011ferlendiriliyor. \u00d6zel sermaye fonlar\u0131n\u0131n ise, se\u00e7ici davranacak olsalar da, yat\u0131r\u0131mlar\u0131n\u0131 artt\u0131racaklar\u0131 \u00f6ng\u00f6r\u00fcs\u00fc bulunuyor.<\/p>\n<p>EY T\u00fcrkiye Kurumsal Finansman B\u00f6l\u00fcm\u00fc Ba\u015fkan\u0131 <strong>\u00d6zge G\u00fcrsoy B\u00fcy\u00fckav\u015far<\/strong> konuyla ilgili olarak; <em>\u201c<strong>2020 y\u0131l\u0131nda hem ekonomik seyrin hem de k\u00fcresel ve b\u00f6lgesel geli\u015fmelerin yat\u0131r\u0131m ortam\u0131 \u00fczerinde belirleyici olaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz. Kal\u0131c\u0131 ekonomik reformlar\u0131n ve uluslararas\u0131 piyasalarda sa\u011flanacak g\u00fcvenin \u00f6n\u00fcm\u00fczdeki d\u00f6nemde yabanc\u0131 yat\u0131r\u0131mc\u0131lar\u0131n T\u00fcrkiye\u2019ye ilgisinin artmas\u0131na etkisi \u00f6nemli olacak. Uluslararas\u0131 finansal kurulu\u015flar\u0131n da T\u00fcrkiye ekonomisine ili\u015fkin beklentilerini olumlu y\u00f6nde de\u011fi\u015ftirmesi de iyi bir geli\u015fme olarak \u00f6ne \u00e7\u0131k\u0131yor. T\u00fcrkiye ekonomisinin dengelenme izlenimleri vermeye ba\u015flamas\u0131yla beraber birle\u015fme ve sat\u0131n alma i\u015flemlerinde bir ivme yakalanaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz ve 2020 senesinde, 2019\u2019a g\u00f6re daha olumlu bir birle\u015fme ve sat\u0131n alma ortam\u0131n\u0131n olu\u015fmas\u0131n\u0131 \u00f6ng\u00f6r\u00fcyoruz<\/strong>\u201d <\/em>a\u00e7\u0131klamas\u0131nda bulundu.<\/p>\n<h2><strong>\u0130\u015f d\u00fcnyas\u0131 2020\u2019de yat\u0131r\u0131m ortam\u0131n\u0131n dura\u011fan olmas\u0131n\u0131 beklerken birle\u015fme ve sat\u0131n alma aktivitesinin bir miktar da olsa artaca\u011f\u0131n\u0131 \u00f6ng\u00f6r\u00fcyor<\/strong><\/h2>\n<p>EY\u2019\u0131n T\u00fcrk i\u015f d\u00fcnyas\u0131n\u0131n \u00f6nde gelen isimleri ve <strong>\u00fcst d\u00fczey y\u00f6neticileri<\/strong> ile ger\u00e7ekle\u015ftirdi\u011fi, \u201cT\u00fcrk i\u015f d\u00fcnyas\u0131n\u0131n birle\u015fme ve sat\u0131n alma faaliyetlerine bak\u0131\u015f\u0131\u201d konulu geleneksel anketinin sonu\u00e7lar\u0131 da ayn\u0131 raporda a\u00e7\u0131kland\u0131. Buna g\u00f6re; iyzico\u2019nun %100 hissesinin PayU taraf\u0131ndan sat\u0131n al\u0131nmas\u0131 i\u015flemi y\u00fczde 45 oyla y\u0131l\u0131n i\u015flemi olarak se\u00e7ildi. Ankete kat\u0131lanlar\u0131n y\u00fczde 87\u2019si, 2019 y\u0131l\u0131nda ger\u00e7ekle\u015fen i\u015flem hacminin d\u00fc\u015f\u00fck seviyede ger\u00e7ekle\u015fti\u011fini belirtirken, 2020 y\u0131l\u0131nda 10 milyar ABD dolar\u0131 alt\u0131nda i\u015flem hacmi bekleyen kat\u0131l\u0131mc\u0131lar\u0131n oran\u0131 % 95 olarak ger\u00e7ekle\u015fti. <strong>Enerji sekt\u00f6r\u00fc<\/strong>,<strong> % 20<\/strong> oyla kat\u0131l\u0131mc\u0131lar taraf\u0131ndan 2020 y\u0131l\u0131nda en fazla hareket beklenen sekt\u00f6r olurken e<strong>nerji sekt\u00f6r\u00fcn\u00fc, imalat, bili\u015fim ve gayrimenkul sekt\u00f6rleri<\/strong> izliyor. Bunlara ek olarak, ankete kat\u0131lanlar\u0131n <strong>% 26\u2019s\u0131<\/strong> \u00f6n\u00fcm\u00fczdeki d\u00f6nemde yurtd\u0131\u015f\u0131nda bir sat\u0131n alma yapmay\u0131 hedefledi\u011fini belirtti. Kat\u0131l\u0131mc\u0131lar\u0131n \u00e7o\u011funlu\u011fu <strong>(% 80)<\/strong> son d\u00f6nemde kurlarda ya\u015fanan <strong>dalgalanmalar\u0131n azalmas\u0131 ve enflasyonun<\/strong> tek haneye inmi\u015f olmas\u0131n\u0131n, 2020 y\u0131l\u0131nda T\u00fcrkiye\u2019deki <strong>yat\u0131r\u0131m ortam\u0131na etkisinin<\/strong> s\u0131n\u0131rl\u0131 olaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnd\u00fcklerini belirtirken, ankete kat\u0131lan i\u015f insanlar\u0131 ve y\u00f6neticiler <strong>2020 senesi i\u00e7in<\/strong> bir \u00f6nceki seneye g\u00f6re <strong>T\u00fcrkiye\u2019deki<\/strong> yat\u0131r\u0131m ortam\u0131 i\u00e7in g\u00f6rece daha olumlu bir g\u00f6r\u00fc\u015f sergiliyor.<\/p>","protected":false},"excerpt":{"rendered":"<p>Sorry, this entry is only available in Turkish. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. 2019 y\u0131l\u0131nda birle\u015fme ve sat\u0131n alma i\u015flemleri adet olarak artarken, i\u015flem hacminde d\u00fc\u015f\u00fc\u015f g\u00f6r\u00fcld\u00fc. EY Kurumsal Finansman B\u00f6l\u00fcm\u00fc, her y\u0131l haz\u0131rlad\u0131\u011f\u0131 ve [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":105957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[51,53],"tags":[64430,62464,64421,64424,64432,45735,52259,64434,64428,64420,16724,64422,64425,64429,64419,64436,64433,1264,64427,64426,64423,64435,64431,846,19390,6836],"views":279,"_links":{"self":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/105955"}],"collection":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/comments?post=105955"}],"version-history":[{"count":0,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/105955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media\/105957"}],"wp:attachment":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media?parent=105955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/categories?post=105955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/tags?post=105955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}