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TPG, Capital Group eye Turkish retailer A101-sources
August 3, 2011 / 12:45 PM / 6 years ago

TPG, Capital Group eye Turkish retailer A101-sources

ISTANBUL, Aug 3 (Reuters) - Private equity funds including TPG , the Capital Group, Permira, and Mid Europa Partners are among bidders for Turkish hard-discount retailer chain A101 and potential buyers will place their bids next week, sources close to the deal told Reuters on Wednesday.

“We can talk about a sale price definitely higher than (discount retailer) Sok, which was sold for 600 million lira ($350 million). For A101 I expect the sale price to be from 800 million lira up to 1 billion lira,” a source close to the deal said. (Reporting by Seda Sezer)

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