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Ferrovial to acquire a %60 stake in Dalaman Airport from YDA Group for$159m.

Synopsis

Ferrovial, a Spanish multinational company, agreed to acquire a %60 stake in Dalaman Airport, a Turkish airport, from YDA Group, a construction and contracting firm, for$159m. “This is a unique opportunity to diversify our airport portfolio in an area that has become a fast-growing destination in Turkey for international tourism. YDA Group has extensive experience with building and operating infrastructures under the P3 formula in Turkey, making it the ideal partner for this project. Ferrovial continues to advance without losing sight of opportunities in our strategic markets,” Luke Bugeja, Airports CEO.

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