Turkey’s IC, Malaysia Airports Seek Deal on 2nd Istanbul Airport

IC Holding AS and Malaysia Airports Holdings Bhd agreed to collaborate for Istanbul’s Sabiha Gokcen, as Turkish company explores acquiring a stake in the airport.

Discussions are at a preliminary stage between Malaysia Airports and IC Holding, a Turkish infrastructure company and airport operator, and may or may not result in the latter acquiring a stake at the airport, according to people, who asked not to be named as the deliberations are confidential.

IC Holding declined to comment. Malaysia Airports said it is entering a “strategic collaboration” with IC Holding but refrained from disclosing further details.

Sabiha Gokcen Airport ...