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ISCTR.E Turkiye Is Bankasi AS News Story

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Turkey's Acibadem agreed to buy 80% of Bayindir Hospitals for over $55 mln, executive says

ISTANBUL, Aug 12 (Reuters) - Turkey's Acibadem group agreed with Is Bankasi to buy 80% stake in Bayindir Hospitals for over $55 million, Acibadem Chairman Mehmet Ali Aydinlar said on Tuesday.

The transaction valued the company at $80 million, Aydinlar also said.

 (Reporting by Can Sezer; Writing by Ezgi Erkoyun; Editing by Tuvan Gumrukcu)

 ((ezgi.erkoyun@thomsonreuters.com; +90-212-350 7051; Reuters Messaging: ezgi.erkoyun.thomsonreuters.com@reuters.net;))

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