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Announced

Completed

Ghitha completed the acquisition of a 44% stake in MNG Airlines for $211.2m.

Synopsis

Ghitha, a corporate investment holding firm, completed the acquisition of a 44% stake in MNG Airlines, a transportation company, for $211.2m. “We are thrilled to join forces with Ghitha Holding, a company aligned with our vision. This collaboration opens new doors for us, and together we aim to set new benchmarks in the cargo and logistics sector,” Murathan Günal, MNG Airlines Chairman.

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