Huge Turkish hospital chain sold for £650m
Malaysian sovereign fund Khazanah Nasional has bought a controlling stake in Turkish hospital chain Acibadem, now the world’s second largest group in terms of bed capacity.
Acibadem’s current owners Abraaj Capital have agreed to transfer a 60% stake to Khazanah’s healthcare arm, Integrated Healthcare Holdings, and 15% equity to Khazanah directly. The value of the transaction is reported to be around $650 million (£413 million).
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