Announced
ADP-backed TAV Airports and VPE Capital to acquire Almaty International Airport for $415m.
Synopsis
ADP-backed TAV Airports, a Turkish airport operation and services firm, and VPE Capital, a provider of private capital and investment services, agreed to acquire Almaty International Airport for $415m. The consortium will also acquire associated jet fuel and catering businesses. TAV Airports’ share in the consortium will not be less than 75%.
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