The remaining 50 per cent owned by Acibadem health group founder Mehmet Ali Aydinlar.
Reuters reported the exit interest, citing three sources familiar with the matter.
The news comes just over a year after The Abraaj Group, known then as Abraaj Capital, sold its stake in Turkish hospital chain Acibadem Saglik.
Private equity firms including TPG Capital, KKR, Blackstone and Advent International were all thought to be interested in Abraaj’s stake in the company, which was eventually bought by the investment arm of the Malaysian government.
Simit Sarayi, which roughly translates as “bagel palace”, hoped to raise about $500m according to the FT, which cited a report in Turkey’s Hurriyet newspaper.
Simit is a circular, sesame seed-covered bread which the company hopes to export from Turkey to the rest of the world.
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