FDI - FINANCE - Khazanah buys Turkish group for RM5.32b

Khazanah Nasional Bhd has struck a deal to buy a 75 per cent stake in Turkey’s Acibadem group in a deal that values the country’s largest private hospital chain at RM5.32 billion.

Khazanah’s 70 per cent-owned subsidiary Integrated Healthcare Holdings Sdn Bhd (IHH) yesterday announced it would buy a 60 per cent stake in Acibadem Saglik Yatirimlari Holding A.S. (ASYH).  (source)

MALAYSIA - FINANCE - Malaysian Khazanah fund company, Integrated Healthcare, doing interviews for investment in Turkey in the field of health.

 KUALA LUMPUR - Malaysian state fund Khazanah Nasional'in, Acıbadem, reportedly conducted talks to buy shares.

According to news sources and based on one of Reuters'un, Khazanah'ın health units, 70 percent owned by Deutsche Bank is the Integrated Healthcare, consultant talks.

Integrated Healthcare is the recipient of multiple sales of items in stock and is one of the groups interested in the news, said the process can be completed in December. (source)

INVESTMENTS - Global Investment House Fund Buys 80% of Turkey’s Bicakcilar

Global Capital Management Ltd., a buyout unit of Global Investment House of Kuwait, acquired 80 percent of Turkey’s Bicakcilar Tibbi Cihazlar AS, a medical equipment manufacturer, Global said. (source)

Turkey: Universal Hospitals group talking to four buyers - Deal to sell less than 50 percent

Turkey's Universal Hospitals Group, one of the country's largest healthcare services groups, is close to a deal to sell a significant stake to a foreign investor, its financial adviser told Reuters on Thursday.

Universal Hospitals is in talks with four foreign financial groups on a partnership and may sign a deal in February, Okan Altug, a senior executive of Daruma Corporate Finance, said.

Mergers and acquisitions amounted to $29 billion in 2010 in Turkey, according to a report by Deloitte. And international investor interest in the Turkish healthcare sector is growing.