Aeroports de Paris To Acquire 38% Stake In Turkey's TAV

by Monica Gerson, Benzinga Staff Writer

March 12, 2012 5:30 AM | 12 seconds read | Make a Comment

Aeroports de Paris SA agreed to acquire a 38% stake in Turkish airport operator TAV Havalimanlari Holding AS

TAVHY

for $874 million (EUR667 million). ADP is paying a 32% premium to TAV's recent closing stock price.

Posted In: News M&A merger and acquisition

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