Abraaj Capital, the Middle East's biggest private equity firm with about $7 billion (Dh25.7 billion) in assets, said it made "very significant" returns from the sale of its 50 per cent stake in Turkey's largest hospital chain.
Khazanah Nasional Bhd., Malaysia's state investment company, bought a 75 per cent stake in Turkey's Acibadem Saglik Yatirimlari and affiliated companies from Dubai-based Abraaj and Turkey's Aydinlar family. The sale valued Acibadem Holding at about $1.68 billion for its entire Class A and Class B share capital, the companies said in December. The transaction was completed last week.
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