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TAV Airports Enters into a Contract for the Acquisition of 38% of Its Sssued Shared-Capital by Aéroports de Paris Group

Published: March 12, 2012 | 9:37 pm
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The COMMERCIAL TIMES

The transaction stipulates the sale of 38 per cent of TAV Airports’ issued share capital to Aéroports de Paris Group for a total consideration of 874 million USD, TAV Airports announced on its official facebook page on March 12. The sale value was determined based on the 32 per cent premium of the company’s latest closing price.

Mr. Hamdi Akın and Mr. Sani Sener will be continuing in their positions. The two companies provide service for 180 million passengers at 37 airports in total.

 

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