Resilient Media Entertainment

Monday, February 27, 2012

Turkey lures with hopes of private equity spring

 Greg Roumeliotis and Simon Meads
BERLIN, Feb 27 (Reuters) - Sandwiched between the economic turmoil of Europe and the political crises of the Middle East, fast-growing Turkey has piqued the interest of private equity buyers hungry for deals.


Rapid economic growth, a booming population, and unrest in neighbouring countries have sent potential investors flocking, but with fierce competition for a handful of deals, it is the local players and few global buyout firms with a domestic presence who will reap the rewards.
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