Sun, Oct 26, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Malaysia’s Khazanah completes $252 mln stake buy in Turkey insurer

Posted on 15 November 2013

Khazanah Nasional Bhd, Malaysia’s state investment firm, said its insurance arm has completed the $252 million (RM809 million) purchase of a 90% stake in Turkish insurer Acibadem Saglik ve Hayat Sigorta.
Avicennia Capital Sdn Bhd bought the stake in the Istanbul-based health and life insurer from Mehmet Ali Aydinlar and family and Dubai-based private equity firm The Abraaj Group, according to Khazanah in a statement. Aydinlar will keep the remaining stake in Acibadem Sigorta, Khazanah said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15018 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031