TAV, Fraport make best 7.25 bln euro bid for Turkey's Antalya Airport

Tav Havalimanlari Holding

01/12/2021 11:42

ISTANBUL, Dec 1 (Reuters) - A consortium of Turkey's TAV
Airports and Germany's Fraport  FRAG.DE  made the best bid of
7.25 billion euros ($8.2 billion) in a tender for the expansion
of Antalya Airport's capacity and its operating rights for 25
years, they said on Wednesday.
    The statement said they would invest some 765 million euros
in expanding the capacity of the airport, in Turkey's tourism
hub on its southern coast, to 80 million passengers a year.
Shares in TAV surged 9.7% after the announcement.
    ($1 = 0.8828 euros)

 (Reporting by Can Sezer and Ebru Tuncay
Writing by Daren Butler
Editing by Dominic Evans)
 ((daren.butler@tr.com; +90-212-350 7053; Reuters Messaging:
daren.butler.thomsonreuters.com@reuters.net))