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Memorial sells a 40% stake

publication date: Sep 2, 2010
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As forecast here, Memorial Healthcare Group, one of the most prestigous Turkish hospital chains, has sold a 40% stake to Qatar First Investment Bank and Argus Capital. It follows a flow of pirvate equity into the Turkish sector with Abraaj investing in Acibadem, Carlyle in Medical Park and Greek group Hygeia, funded by Marfin, buying Safak. We talk to Ozkan Yavasal at Daruma Corporate Finance who handles many of the big deals in the space about the future.

 



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