Khazanah Nasional Buys into Acibadem

Malaysian's state-linked investor fund Khazanah Nasional and its healthcare unit, Integrated Healthcare Holdings, will acquire Turkish hospital group Acibadem, Reuters wrote Friday. The deal values Acibadem at $1.68 billion. Integrated Healthcare Holdings will acquire 60% of the company; Khazanah, via its special purpose vehicle Bagan Lalang Ventures, will co-invest with IHH to acquire a 15% direct stake, Reuters wrote. The Aydinlar family will own the remaining 25% of Acibadem.

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