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Sovereign Wealth Funds Briefing - Categorized | Investment

Khazanah to bid for Acibadem minority stocks

Posted on 27 March 2012

Malaysia’s Khazanah Nasional Bhd will offer to buy minority shares in Turkey’s largest hospital chain Acibadem Saglik Hizmetleri & Ticaret AS at a minimum price of US$13.67 per B group share, Turkish market regulator said on its website after the market closed on March 23.
Khazanah’s two units bought a 75 per cent stake in Acibadem’s owner Acibadem Saglik Yatirimlari Holding AS in January, in an acquisition that valued Acibadem at US$1.68 billion for its entire share capital……………………………………….Full Article: Source


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