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Sovereign Wealth Funds Briefing - Categorized | Investment

Khazanah said to bid over $900 mln for Acibadem Hospital

Posted on 03 January 2012

Khazanah Nasional Bhd., Malaysia’s state investment company, has offered more than $900 million for a majority of Turkey’s largest hospital chain, Acibadem Saglik Hizmetleri & Ticaret AS, according to two people with knowledge of the offer.
Integrated Healthcare Holdings Sdn, controlled by Khazanah, will buy 60 percent of Acibadem from Abraaj Capital Ltd., and Khazanah will buy another 15 percent, the people said, asking not to be identified ahead of an agreement, which may be signed today………………………………………..Full Article: Source


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