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FINANCIAL NEWS
Abraaj seeks deal with Turkey worth USD30-USD100mln
29 Jul 2017
(MENAFN) The Dubai-based Abraaj Group’s senior executive, Omar Syed, said that they are looking to invest in midsize companies in Turkey and could spend USD30-USD100mln on individual deals.
Also, he added that opportunities in health care are interesting for the company and Abraaj is now in the advanced stages of evaluating a potential deal in that sector.
Syed stated: “We may invest from $30 million up to $100 million per company in midsize companies to purchase minority or majority stakes.”
Earlier, Abraaj said it is taking a minority stake in Turkish logistics firm Netlog Lojistik, while no details were specified.
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MENAFN2907201700450000ID1095667771
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