Showing posts with label Foreign Investors Turkey. Show all posts
Showing posts with label Foreign Investors Turkey. Show all posts

Wednesday, February 15, 2012

Abraaj Plans New Turkish Buyouts in 2012 After Acibadem Exit

Abraaj Capital Ltd., the Middle East’s biggest buyout firm, will buy more Turkish companies this year after it raised about $1 billion from selling the Turkish hospital chain Acibadem Saglik Hizmetleri & Ticaret AS.

The Dubai-based private equity firm, which has about $6.5 billion of assets under management, is currently in “significant negotiations with three or four companies” in Turkey, Selcuk Yorgancioglu, Abraaj’s country chief for Turkey, said in an interview in Istanbul yesterday.