Khazanah to bid for Acibadem minority stocks
Publish date: Mon, 26 Mar 2012, 02:36 PM
Malaysia's Khazanah Nasional Bhd will offer to buy minority shares in Turkey's largest hospital chain Acibadem Saglik Hizmetleri and Ticaret AS at a minimum price of US$13.67 per B group share, Turkish market regulator said on its website after the market closed on March 23.
Khazanah's two units bought a 75 per cent stake in Acibadem's owner Acibadem Saglik Yatirimlari Holding AS in January, in an acquisition that valued Acibadem at US$1.68 billion for its entire share capital. -- Bloomberg
Khazanah's two units bought a 75 per cent stake in Acibadem's owner Acibadem Saglik Yatirimlari Holding AS in January, in an acquisition that valued Acibadem at US$1.68 billion for its entire share capital. -- Bloomberg
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Jake
Khazanah seems to be abandoning local shares and focus shifted to overseas investments. Perhaps local stocks are less attractive
2012-03-26 16:20