| Turkey’s biggest hospital chain dropped talks to buy a stake in rival Medicana Saglik Grubu, two people with knowledge of the matter said. Acibadem Saglik Hizmetleri ve Ticaret AS, controlled by Malaysian state-investment company Khazanah Nasional Bhd, and Huseyin Bozkurt, chairman and owner of the Medicana group, decided to end a due-diligence process that began in September, the people said, asking not to be identified as the matter is confidential.
Medicana will instead grow by building hospitals or investing in Turkey and abroad, one of the people said. Turkey’s health-care industry offers greater potential for growth than other developed economies...............................................Full Article: Source
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