Merih O. Altay

Special Counsel

Contact
F +44 20.7615.3100

London

100 Liverpool Street

London, UK EC2M 2AT

T +44 20.7615.3038

F +44 20.7615.3100

As a special counsel in the Corporate Group, Merih advises on cross-border and domestic mergers & acquisitions (public and private), private equity, major projects and joint ventures, debt and equity capital markets and restructuring transactions, as well as general corporate advisory matters. Merih has wide-ranging experience in cross-border international transactions and has advised on transactions across a range of sectors.

Primary Focus & Experience

Representations include advising:

  • National Bank of Greece on the sale of a portfolio of non-performing secured corporate loans to investment firm Bain Capital Credit comprising approximately 2,800 non-performing, predominantly secured, corporate contracts with a total principal amount of approximately €1.6 billion (c. €0.6 billion of allocated collateral value);
  • Eurobank Ergasias S.A. on the sale of a 80% stake in its non-performing servicing subsidiary Eurobank FPS Loans and Credits Claim Management Company S.A. to doValue S.p.A. the leading operator in Southern Europe in credit management and real estate services for banks and investors;
  • National Bank of Greece on the disposal of its 100% stake in a Cypriot Credit Acquiring Company to Bain Capital Credit;
  • National Bank of Greece on the disposal of a Romanian-risk corporate NPE portfolio with a total Gross Book Value of c. €174 million (€102 million of allocated collateral value) to Bain Capital Credit;
  • National Bank of Greece in relation to the sale of a portfolio of non-performing loans to a consortium of funds advised by affiliates of Centerbridge Partners, LLP and funds advised by Elliott Advisors (UK) Limited;
  • The Cranemere Group, a London-headquartered holding company, on their acquisition of Acquabella, a Spain-based specialist in engineered stone bathroom products, including the bank financing to finance the purchase;
  • EQT Partners on the acquisition of the SUSE Linux business from Micro Focus International plc;
  • Revlon on its acquisition of CBB Beauty, a European cosmetics business;
  • Arcapita on the sale of Freightliner Group for £525 million;
  • Och Ziff on the disposal of Millennium Offshore Services Superholdings LLC to HM MOS International Limited;
  • Reorganized Arcapita on the sale of (i) its European logistics warehousing business, PointPark Properties, to TPG; (ii) the Freightliner Group to Genesee & Wyoming Inc. and (iii) the Viridian Group to I Squared Capital;
  • Deutsche Bank, Lloyds Bank and a BNP Paribas fund on the purchase of Porterbrook Rail for £2.2 billion, one of the UK’s three major rolling stock lessors, from Abbey National Bank;
  • Sahara India Pariwar, on its acquisition of the Grosvenor House Hotel in London, and later a 70% majority stake in the Plaza Hotel in New York from real estate group El Ad US Holdings for US$575 million;
  • Endeavor Energy in relation to a proposed joint development agreement with Starenergie 2073 SA and its shareholders to develop a 372MW tri-fuel combined cycle power plant located in Songon, Côte d'Ivoire; and
  • EMERAM Capital Partners on its acquisition of Americana International Ltd., owner of the fashion brand Bench.
Additional Details
Education
  • The University of Law, L.P.C.
  • University of Sheffield School of Law, LL.B.
Admissions
  • England and Wales