Turkven to Buy Turkish Hospital Chain from Carlyle, Others
December 31, 2013
Turkven Private Equity has agreed to buy a majority stake in Medical Park from The Carlyle Group and other shareholders. Carlyle is exiting its 40% stake in the sale, and Sancak Group, another shareholder, is selling 20% but will retain a 10% position in the company. Medical Park owns and operates 15 hospitals, two hospital complexes, two medical centers and 19 service centers throughout Turkey.