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French company buys shares in Turkish airport operator

Posted on 12 March 2012

Istanbul, 12 March 2012 – Owners of Istanbul’s Ataturk Airport operator, TAV Airports, has sold 38% to the French airport operator, French Aeroports de Paris, The total deal is worth over 870 million USD. TAV operates 10 airports, four in Turkey (Istanbul Ataturk, Izmir, Ankara and Gazipasa), two in Georgia, two in Tunisia, two in Macedonia plus Riga Airport in Latvia and Madinah Airport in Saudi Arabia.

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