White & Case’s Turkish affiliate law firm GKC Partners has advised Gulermak Heavy Industries Construction & Contracting on its TRY 4.845 billion IPO on Borsa Istanbul.
Gulermak is a Turkish EPC contractor.
According to GKC Partners, the IPO resulted in a 12.01% public float ratio. Gulermak shares were oversubscribed 3.2 times.
The GKC Partners team included Counsel Derin Altan and Associates Sehriban Unlu and Muhammed Asula.
