Option
"Are options commonly used in Turkish M&A?"
Quick Answer
A financial derivative or contractual right (but not obligation) to buy or sell an asset at a predetermined price within a specific timeframe.
Scope and Legal Distinctions
An option creates an agreed right to complete a transaction under defined conditions. It differs from an obligation on both parties to buy and sell immediately.
What to Check in Practice
Record the asset, price mechanism, exercise date and notice process; complete any mandatory transfer formalities after exercise.
Sources & Authorities
Statutory framework and official guidance for this definition.
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