Stake in World's Biggest Airport Said on Sale Weeks After Open - Bloomberg:
Some of the owners of the joint venture that operates Istanbul’s giant new airport hired Lazard Ltd. to sell their stake in the $11 billion hub, according to people with knowledge of the matter.
The U.S. investment bank is working with some members of the IGA consortium to provide a valuation of the airport and manage discussions with potential buyers, the people said, asking not to be identified because the process is confidential.
Vinci SA, Aeroports de Paris and its Turkish unit TAV Havaliamanlari Holding AS, and Ferrovial SA are among interested parties, two of the people said.
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