Home › Business › Business News
Friday, 26 July 2013
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
KLCI closes marginally down
US stocks struggle as Black Friday shopping begins
LG Display plans multi-billion OLED plant
Affin’s earnings sink on loan impairment allowance, higher overheads
Reporting weaknesses the reason for RM53.7mil penalty on AmBank Group
Eight experiences you can’t miss when in Australia
Apple acquires facial motion capture startup Faceshift
Unique stories can make one stand out in a competitive industry
Air Asia free seat promotion begins today
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)