Article: United States: BC Partners Completes Migros Turk Buyout.

Byline: sander03

BC Partners has completed its acquisition of a 50.8% stake in Migros Turk TAS, Turkey's largest supermarket chain. The deal values Migros at around $3.2 billion, which makes it the largest leveraged buyout ever for a Turkish company. BC plans to acquire the remaining shares via a tender offer. Minority investors on the deal include Turkven Private Equity and DeA Capital.

Funds advised by BC Partners have completed the acquisition of 50.8 % of Migros T?S.A., Turkey's largest supermarket chain, from Koc Holding, representing a market cap of YTL3.8 billion ($3.15 billion). A tender offer for the remaining shares, which are listed on the ...

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