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M'sia Airports ups stake in Istanbul airport

It acquires 40% stake from Indian partner GMR, blocking Turkish rival
Wednesday, December 25, 2013 - 06:00

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

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