August 29 (SeeNews) - Turkish hospital operator Lokman Hekim Engurusag Saglik, Turizm, Egitim Hizmetleri ve Insaat Taahhut [BIST:LKMNH] said on Thursday it had agreed to acquire an additional 25% stake in its 70%-owned Iraq-based unit Engurusag Erbil Genel Ticaret Ltd.
Lokman Hekim will acquire shares with a nominal value of 3.75 million Iraqi dinars ($3,219/2,427 euro) from Bulent Aktas, raising its stake in the Iraqi subsidiary to 95%, it said in a bourse filing. Neither the total price of the deal, nor the number of shares it will acquire was disclosed.
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Engurusag Erbil Genel Ticaret, established earlier this year, operates as a monitoring and diagnosis center in northern Iraq's city of Erbil.
(1 euro = 1,545 Iraqi dinars)