Brief: Tav Airports'Consortium Signs Share Purchase Agreement To Buy 100% Of Shares Of Almaty Airport And Associated Jet Fuel And Catering Businesses For Enterprise Value Of 415 Mln USD

Tav Havalimanlari Holding

08/05/2020 07:21

May 8 (Reuters) - TAV HAVALIMANLARI HOLDING AS  TAVHL.IS :
    * TAV AIRPORTS' CONSORTIUM SIGNS SHARE PURCHASE AGREEMENT TO
ACQUIRE 100% OF SHARES OF ALMATY AIRPORT AND ASSOCIATED JET FUEL
AND CATERING BUSINESSES FOR ENTERPRISE VALUE OF 415 MILLION USD
    * TAV AIRPORTS - TAV AIRPORTS' SHARE IN THE CONSORTIUM WILL
BE NO
LESS THAN 75%
    * TAV AIRPORTS - SHARE TRANSFERS WILL TAKE PLACE UPON
CLOSING WITH
THE COMPLETION OF ALL LEGAL PREREQUISITES AND PROCEDURES

Source text for Eikon:  ID: 
Further company coverage:  TAVHL.IS 

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