Private Equity Firms Linked With Discounter A101 As Interest In Turkish Retail Hots Up

With Turkey's leading discount food retailer BİM Birlesik Magazalar (BİM) having done so well over the past few years, interest in the discount space in the country is going to pickup. A number of private equity firms have distanced themselves from suggestions that they could bid for A101 - one of Turkey's up-and-coming discounters. The ambitious retailer is planning to have about 2,000 stores by 2015, up from around 1,000. There are about 3,000 stores operated by BIM.

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