BC Partners on course to double money with Turkish checkout

Sale of stake in Turkish supermarket chain caps off a busy year for the buyout firm, which completed over €13 billion worth of deals

Buyout firm BC Partners is set to double its money on its investment in Turkish supermarket chain Migros, after an active year for the London-based firm that saw it complete over €13 billion of deals.

The firm said in a statement late on Wednesday that it was selling half of its 80.5% holding in the Turkish company to Anadolu Endustri Holding for 26 Turkish lira per share, valuing the company at around 6.4 billion Turkish lira ($2.7 billion). Istanbul-based Andalou owns stakes in Coca-Cola and SABMiller's local businesses.

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