KUALA LUMPUR: Khazanah Nasional Bhd intends to broaden its presence in the insurance sector via its newly minted 90% acquisition of Turkey-based Achibadem Saglik ve Hayat Sigorta A.S. (Acibadem Sigorta).
The US$252mil (RM756mil) deal was done via Khazanah’s insurance holding company Avicennia Capital Sdn Bhd’s special purpose vehicle Burau Ventures Sdn Bhd.
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