medical park

Carlyle Group takes 40% stake in local hospital chain Medical Park for USD 100mn. Global private equity investment firm the Carlyle Group took a 40% stake in local hospital chain Medical Park for USD 100mn, according to daily Sabah. The group acquired the stake from investors Ethem Sancak and Muharrem Usta, the daily reports. 90% of the proceeds from the sale will be used in new hospital investments, according to the daily. Medical Park has 13 hospitals and more than 6,000 employees.