Reuters – Banks Mandated for Turkey’s Medical Park Sale

Turkish hospital group Medical Park has mandated Goldman Sachs and Credit Suisse to look into a possible sale or intial public offering, according to private equity firm Carlyle Group and the two other Turkish shareholders, writes Reuters. Carlyle took a 40 percent stake in Medical Park in 2009 for an undisclosed amount alongside founders Dr Muharrem Usta and Haydar Sancak.

Reuters – Turkish hospitals group Medical Park has mandated Goldman Sachs and Credit Suisse to look into a possible sale or intial public offering, private equity firm Carlyle Group and the two other Turkish shareholders said in a statement on Monday.

Carlyle took a 40 percent stake in Medical Park in 2009 for an undisclosed amount alongside founders Dr Muharrem Usta and Haydar Sancak. People familiar with the situation told Reuters last month that Medical Park’s owners, led by Carlyle, were considering a sale or public offering.