However, a decision was made to merge under Derimod Marketing through a transfer without liquidation.
Foreks - Derimod (IS:DERIM) has resolved to merge with Derimod Deri Konfeksiyon Pazarlama Sanayi ve Ticaret AŞ (Derimod Pazarlama) through a transfer of all its assets and liabilities without liquidation. The announcement to the Public Disclosure Platform (KAP) included the following details:
In accordance with the Board of Directors' decision dated March 25, 2025, the company will merge with Derimod Pazarlama following the provisions of the Capital Markets Law and relevant regulations. This includes using independent financial statements as a basis for the merger, determining exchange ratios fairly, and ensuring necessary approvals for the merger contract and report. Shareholders wishing to exercise their right to separate will have the opportunity to sell their shares at a price established based on market averages. The resolution has been unanimously approved by all attending members.