Home > Business > Business News
Friday July 26, 2013 MYT 7:50:00 AM
Friday July 26, 2013 MYT 7:54:02 AM
ISTANBUL: Three global firms are in the race to buy a stake in leading Turkish health insurer Acibadem Sigorta, sources familiar with the matter said, underscoring appetite among international investors for the fast-growing sector.
Sompo Japan Insurance, Malaysia's state-run investment firm Khazanah Nasional Berhad and British medical services group Bupa are involved in an auction process for a stake in the Turkish insurer, three banking sources said.
Acibadem Sigorta is a 50:50 joint venture between a holding company owned by Dubai-based Abraaj Group and Mehmet Ali Aydinlar, founder of Turkey's Acibadem health group.
Abraaj, Sompo, Khazanah and BUPA all declined to comment.- Reuters
China OKs iPhone 6 sale after Apple addresses security concerns
Alibaba leads global equity capital markets treasure hunt
With iPhone 6 approved in China, Apple suppliers ready for demand
BlackBerry teases new device plans as turnaround takes shape
Launching marketplace, eBay aims to drive consolidation in Russia
Global health and wellness sales to hit US$774bil in 2014
20% calorie cut by 2025, pledge soft drink makers
Ronaldo is the best player I've coached, says Ancelotti
Judge urged to accept guilty plea in U.S. embassy bombing case
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)