Bloomberg News

Acibadem Owner, Integrated Healthcare Plan Joint Venture

October 03, 2011

Oct. 3 (Bloomberg) -- Integrated Healthare Holdings SDN BHD and Acibadem Saglik Yatirimlari Holding AS, the owner of Turkish hospital chain Acibadem Saglik Hizmetleri & Ticaret AS, signed a non-binding agreement to set up a joint venture.

Intergrated Healtcare and Acibadem Holding plan health investments in the Middle East, east Europe and Asia-Pacific, Acibadem Saglik said in a statement to the Istanbul Stock Exchange after the market closed on Sept. 30. The companies will hold talks and carry out due diligence work before signing final agreements, Acibadem said.

To contact the editor responsible for this story: Aydan Eksin at aeksin@bloomberg.net


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