Esin Attorney partnership advises on Netmarble Turkey stake sale
Local shareholder sells remaining shares in Netmarble Turkey to Netmarble Games, a Seoul-based leading mobile game producer and publisher.
"This has been the team's 8th transaction in the Turkish online gaming market in the last two years. Advising clients on transactions in the online gaming sector is exciting because it places us at the intersection of Turkey's emerging tech scene and entrepreneurial spirit. It is also fun to sit down with your client to play video games to get to know your client's product," commented partner Muhsin Keskin.
A team of lawyers from Esin Attorney Partnership, a member firm of Baker & McKenzie International, advised Burak Balik, the local shareholder and founder of the No.1 multiplayer online gaming and entertainment company in Turkey, the Middle East and Africa, on the stake sale. Partner Muhsin Keskin advised on the transaction with support from attorneys Berk Cin and Deniz Erden. The deal was closed on August 28, 2015.
This is the 8th transaction the firm has advised on in the Turkish online gaming market and the second in which the Firm advised Burak Balik.
With this recent transaction, Netmarble Turkey is now a fully owned subsidiary of Netmarble Games.
