You are here

M'sia Airports ups stake in Istanbul airport

It acquires 40% stake from Indian partner GMR, blocking Turkish rival

Istanbul MALAYSIA Airports Holdings Bhd said it plans to take majority control of its venture running Istanbul's second-biggest airport, thwarting an investment in the facility by Turkish competitor TAV Havalimanlari Holding AS. Malaysia Airports agreed to raise its holding in Sabiha Gokcen

Market voices on:

Powered by GET.comGetCom