Cinven, TPG give Turkey another look as deals set to rebound


ISTANBUL: Private-equity investments in Turkey are set to increase more than 50% this year from a six-year low in 2016 with TPG Capital LP considering acquisitions and Cinven Ltd predicting renewed interest from foreigners.

While local firms will still dominate the market, international companies scared off by unrest are reconsidering their absence following a referendum last month that cemented power under President Recep Tayyip Erdogan.

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Business , Turkey , PE , foreigners

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