Istanbul Airport's Share Sales Process Stopped Claim

Istanbul airport shares sales process was stopped claim
Istanbul airport shares sales process was stopped claim

Bloomberg news agency claims that the sale process of Istanbul Airport was stopped by the partners said.

According to Bloomberg's report, some of the partners of the third Airport were preparing to sell their shares at the airport, which valued $ 11 billion. It was reported that this sale was agreed with the US investment bank Lazard. However, there was a new development. While the partners of Istanbul Airport stopped their share sales plans, potential buyers also withdrew from the process.

AGREEMENT WITH LAZARD TERMINATED

According to the information provided by the sources close to the subject, the agreement with the investment bank Lazard, which provides consultancy services to the shareholders of IGA, Limak, Mapa, Kalyon and Cengiz İnşaat, which holds the operating right of the airport, has been terminated.

While IGA did not comment on the subject, Lazard could not be reached in the first place.

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