Khazanah Nasional buying Turkey health insurer for US$252m (Update)


Khazanah Nasional Bhd's insurance holding company Avicennia Capital Sdn Bhd is buying a 90% stake in Turkey's health insurer Acibadem Saglik ve Hayat Sigorta A.S. (Acibadem Sigorta) for US$252mil.

Khazanah said on Monday that Avicennia Capital had inked an agreement to buy the stake from Mehmet Ali Aydinlar and family and The Abraaj Group.

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