Groupe ADP is pleased to announce TAV Airports signed an agreement to buy 49% in ICF Antalya, the joint-venture managing Antalya International Airport.
TAV Airports and FRAPORT (which will still own 51% of the shares once the deal is closed) would co-control ICF Company with equal rights.
This airport welcomed more than 26 million passengers in 2017 and is the gateway to Antalya area, one of the most popular and dynamic touristic destinations in Turkey, with 500km of coastal lines and more than 600.000 beds capacity.
This operation is following on Groupe ADP and TAV Airports developments, proving TAV Airports capacity to seize opportunities to create long-term value and find growth-drivers for years to come.
TAV Airports maintains its leading position in the airport operations sector in Turkey operating four out of five airports located on the Turkish Riviera.
The share purchase agreement will be finalized following the approval by relevant authorities.
TAV Airports and FRAPORT (which will still own 51% of the shares once the deal is closed) would co-control ICF Company with equal rights.
This airport welcomed more than 26 million passengers in 2017 and is the gateway to Antalya area, one of the most popular and dynamic touristic destinations in Turkey, with 500km of coastal lines and more than 600.000 beds capacity.
This operation is following on Groupe ADP and TAV Airports developments, proving TAV Airports capacity to seize opportunities to create long-term value and find growth-drivers for years to come.
TAV Airports maintains its leading position in the airport operations sector in Turkey operating four out of five airports located on the Turkish Riviera.
The share purchase agreement will be finalized following the approval by relevant authorities.
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