Thursday, November 5, 2009

Carlyle Group Takes Big Position in Turkey

Interesting global move by the Carlyle Group.

They have taken a 40% stake in a Turkish hospital chain, Medical Park, for $100 million, according to daily Sabah.

Carlyle acquired the stake from investors Ethem Sancak and Muharrem Usta, the daily reports. Medical Park has 13 hospitals and more than 6,000 employees.

Rest assured there won't be any Obamacare type public option in Turkey.

1 comment:

  1. You quote Sabah, I found Zaman. Interestingly, Turkey promotes medical tourism:

    http://peureport.blogspot.com/2009/11/carlyle-buys-minority-stake-in-turkish.html

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