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Article: AIG Global Investment Group Invests In Turkish Retailer For You Bakim Urunleri Magazalar L.S.
- Article from:
- PR Newswire
- Article date:
- May 19, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, May 19 /PRNewswire/ -- AIG Capital Partners, Inc. (AIGCP), a member company of AIG Global Investment Group, announced today it has indirectly acquired a substantial position in For You Bakim Urunleri Magazalar L.S. The investment, which also included participation by Eastern Retail Holding N.V., represented the largest investment led by the Group in Turkey to date.
Founded in 2002, For You is a fast growing hard discount retailer in Turkey, with over 55 retail outlets as of May 2006. The company, which is headquartered in Istanbul, focuses its product offering on personal care and health products, both of which are rapidly expanding categories in the ...