| Malaysia’s state-run investment fund Khazanah Nasional Berhad has bought 90 percent of Turkey-based health insurer Ac?badem Sigorta for $250 million. Emerging markets private equity firm Abraaj Group has agreed to sell its 50 percent stake in Ac?badem Sigorta to Khazanah Nasional Berhad, Abraaj has said in an emailed statement.
Khazanah Nasional also bought a 40 percent stake in the insurance firm held by Turkey’s Ayd?nlar family for cash, the statement said, without giving further financial details. Mehmet Ali Ayd?nlar will remain to be the chairman of Ac?badem Sigorta as holding a 10 percent of the company......................................Full Article: Source
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