IHH raises its stake in Acibadem Holdings to 90%


Year-to-date, the research house pointed out that the Turkish lira has weakened by 20% against the dollar and 21% against the ringgit.

PETALING JAYA: IHH Healthcare Bhd is raising its stake in Turkey-based healthcare group Acibadem Holdings by an additional 30%, bringing its stake to about 90%.

The stake increase is in relation to the shareholders’ agreement it had entered into in 2011 when it first acquired the 60% equity interest in Acibadem Holdings.

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