Malaysia Airports Holdings and TAV Havalimanlari are in separate talks with GMR to buy its 40 per cent in Sabiha Gokcen airport, sources told Reuters last week.
A newspaper report on Friday, citing a person familiar with the development, said GMR had sold its stake in the airport to TAV.
GMR, whose business interest include airport, power and roads, said in a statement on Friday the “right of first refusal process in respect of the sale of stake is in progress” and the deal was not concluded.
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