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ADP buys major stake in Turkey’s TAV airport operations

French airport operator Aéroports de Paris (ADP) has bought significant stakes in the Turkish airport operator TAV Airports and airport construction specialist TAV Construction.

French airport operator Aéroports de Paris (ADP) has bought significant stakes in the Turkish airport operator TAV Airports and airport construction specialist TAV Construction. The purchase agreement was signed in March with existing shareholders Akfen Holding, Tepe İnşaat Sanayi and Sera Yapı Endüstrisi ve Ticaret. The share transfer was completed May 16. ADP now owns 38% of TAV Havalimanları Holding (TAV Airports) and 49% TAV Yatırım Holding (also known as TAV Investment, ...

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