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Temasek stake values 'Salt Bae' Turkish restaurant owner at $1.2 billion

April 10, 2018
Turkish chef and restaurateur Nusret Gokce salts meat in his trademark pose which went viral last year and earned him the nickname
Turkish chef and restaurateur Nusret Gokce salts meat in his trademark pose which went viral last year and earned him the nickname "Salt Bae".

ISTANBUL - Singapore's Temasek and Britain's Metric Capital have bought into Nusr-Et steakhouse owner D.ream in a deal valuing the Turkish firm at $1.2 billion. Nusr-Et was made famous by chef-turned-social media star Nusret Gokce, who went viral under the nickname "Salt Bae" in 2017 after posting videos of himself salting meat. Salt Bae's distinctive cobra-like manoeuver earned Gokce more than 12 million Instagram followers and has helped launch Nusr-Et restaurants in the Middle East, New York and Miami. Dogus Restaurant Entertainment and Management (D.ream), which has a presence in 170 locations in 12 countries, said on Tuesday state-owned Temasek Holding and Metric Capital had paid $200 million for a 17 percent holding. - Reuters


April 10, 2018
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