Franklin Templeton, Actera eyeing Abraaj's Turkey funds -sources | ZAWYA MENA Edition:
U.S. fund manager Franklin Templeton and Turkish private equity firm Actera are among the bidders in talks to take control of Abraaj's Turkish assets after negotiations with other buyers faltered, two sources familiar with the deal said.
Dubai-based Abraaj was the largest buyout fund in the Middle East and North Africa until it collapsed last year in the aftermath of a row with investors, including the Gates Foundation, over the use of their money in a $1 billion healthcare fund.
Other potential bidders for the Turkish assets such as Turkish private equity company Turkven are out of the race, the sources told Reuters.
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