Turkish Airlines is bidding to buy a majority stake in Istanbul’s second airport from Malaysia Airports Holdings Bhd, five people with knowledge of the matter said.
Turk Hava Yollari AO, as the company is formally known, could buy 80 percent of Istanbul Sabiha Gokcen International Airport, also known as ISG, two of the people said, asking not to be named because the talks are private. Turkish Airlines offered 750 million euros ($865 million) for the stake, one of the people said.