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Malaysia Airports said to plan stake sale in Sabiha Istanbul

Mimi Sabreena 10:24:00 AM Informasi

ISTANBUL (May 11): Malaysia Airports Holdings Bhd plans to sell a minority stake in its Istanbul unit, which operates Turkey’s second-biggest airport, people familiar with the matter said.

The Malaysian company is seeking an investor for Istanbul Sabiha Gokcen International Airport, also known as ISG, and plans to maintain control of the company, the people said, asking not to be identified because the talks are private. Malaysia Airports is also talking to banks about a possible advisory role on the deal, they said.

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