21.12.2011 - Khazanah’s new Turkish delight
Khazanah Nasional Bhd has struck a deal with the Turkey’s largest private hospital chain, the Acibadem Group, to buy a 75% stake in the healthcare provider. According to a news report by Balkans.com, the deal was reached between Khazanah’s healthcare unit Integrated Healthcare Holding (IHH) and Acibadem’s Dubai-based owners, Abraaj Capital.“Acibadem owners, Dubai-based Abraaj Capital, and founder Mehmet Ali Aydinlar agreed to a transfer of a 60% stake to IHH and 15% equity interest to Khazanah, according to an application made to the Turkish Competition Authority,” reported Balkans.com, an online business news portal...............................................Full Article: Source
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