10/28/2009

Middle East's largest private equity company eyes Turkey for investment

Reuters – Dubai-based Abraaj Capital, the Middle East's largest private equity company, is in advanced talks to invest in a logistics company, and is setting up a new fund worth at least USD 2 billion to exploit attractive valuations, said its Managing Director on Monday. The private equity company reiterated its interest in countries with large populations and growing economies such as Turkey.

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