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Monday, December 19, 2011

Turkey’s largest private hospital chain acquired by Integrated Healthcare Holding; Malaysian sovereign fund

Turkey’s largest private hospital chain acquired by Integrated Healthcare Holding; Malaysian sovereign fund

Balkans.com Business news correspondent - 19.12.2011

Milliyet / Hürriyet - The owner of Turkey’s largest private hospital chain, the Acibadem Group, has reached a deal with Integrated Healthcare Holding (IHH) of Malaysian sovereign fund Khazanah Nasional for the sale of its majority stakes. Acibadem owners, Dubai-based Abraaj Capital, and founder Mehmet Ali Aydinlar agreed to a transfer of a 60 percent share to IHH and a 15 percent share to Khazanah, according to an application made to the Turkish Competition Authority.

More:Balkans.com Business News : Turkey’s largest private hospital chain acquired by Integrated Healthcare Holding; Malaysian sovereign fund