Abraaj Capital mulling Acibadem Sigorta sale
Abraaj Capital is planning to sell its 50% stake in Turkish health insurer Acibadem Sigorta, according to reports.
Raiffeisen Investment, the M&A adivsory business of Austrian Reiffeisen Centrobank, has been appointed to advise both shareholders on the sale.
The health insurer is a joint venture between the Dubai-based private equity firm and Mehmet Ali Aydinlar, who founded Acibadem Health Group.
Most recently, Acibadem Sigorta reported a TRY 230.3m ($128m) income from insurance premiums. Acibadem ranks third in its sector with a market share slightly in excess of 10%.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds








