Monday, September 30, 2019

Operators of Turkey’s Giant New Airport Pull Plans to Sell Stake - Bloomberg

Operators of Turkey’s Giant New Airport Pull Plans to Sell Stake
By Kerim Karakaya and Ercan Ersoy
September 30, 2019, 11:17 AM GMT+2 Updated on September 30, 2019, 1:10 PM GMT+2
Concession owners end contract with Lazard to advise on plan
Hub, which opened in April, spans area larger than Manhattan

Istanbul Airport Photographer: Kostas Tsironis/Bloomberg
Owners of a concession to operate Istanbul’s new $11 billion airport abandoned a plan to potentially sell a stake in the venture, according to people with knowledge of the matter.

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