NEWS & VIEWS

Global private equity and venture capital news and research

JPMorgan’s One Equity eyes Turkish chemical maker Akdeniz Kimya

6 Dec 2012

The private equity arm of JPMorgan is reported to be in talks to buy a stake in Turkish specialty chemicals company Akdeniz Kimya, in a sale process that is expected to fetch more than $300m.

One Equity Partners is understood to face competition from Turkish army pension fund Oyak for the company, Reuters reported on Thursday, citing unnamed sources close to the matter.

The sale is being handled by Citigroup and could be signed this year, the report added.

Copyright © 2012 AltAssets

 


Legals & Terms of UsePrivacy Policy


AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: WeWork 4001, 1 Fore Street, London, EC2Y 5EJ
Content is © AltAssets 2000-2016

log