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BC Partners to acquire Istanbul-listed supermarket chain Migros

14 Feb 2008

BC Partners, alongside minority investors including Turkven Private Equity and DeA Capital, has agreed to acquire 50.8 per cent of Turkish supermarket chain Migros Türk from Koç Holding at a price of YTL21.85 per share, representing a market capitalisation of YTL3.9bn ($3.25bn). As part of the deal, Bülend Özaydinli, former CEO of Koç Holding and Migros, will become chairman of the group.

 

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