2/15/2011

Private equity funds search for Turkish companies

Hurriyet Daily News - Domestic and foreign investment funds are seeking companies to form partnerships in Turkey, according to data gathered by the daily Radikal.

Private equity funds, which have become partners of promising companies, already revealed investments worth USD 283 million in 24 transactions last year.

The investment of these funds is expected to reach USD 3 billion, by representing a 10-fold increase in 2011, according to business professionals. A total of four acquisitions have already been completed in the first two months of the year. The first three transactions were made in the healthcare, retail and food sectors.
/Style%20Library/Invest/images/news.png
turkey; private equity funds; turkish companies; partnership deal; acquisition