KUALA LUMPUR: Khazanah Nasional Bhd has completed the purchase of a 90% stake in Turkey’s health and life insurer, Acibadem Saglik ve Hayat Sigorta AS (Acibadem Sigorta) in a US$252mil (RM810mil).
It said on Wednesday its insurance holding company Avicennia Capital Sdn Bhd had completed the acquisition of the 90% stake from Mehmet Ali Aydinlar and family and The Abraaj Group. Aydinlar will continue to retain a 10% stake in Acibadem Sigorta.
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