TAV CEO Says French Companies Leading in Stake Sale, Sabah Says

French companies are frontrunners in an auction for a 40 percent-stake at TAV Havalimanlari Holding AS (TAVHL), Sabah reported, citing TAV chief executive Sani Sener.

A decision on the sale will be made next week, Sener said, according to the newspaper.

Aeroports de Paris, the owner of Paris Charles de Gaulle airport, is competing against French builder Vinci SA (DG) for a stake in Turkey’s biggest airport operator, two people with direct knowledge of the process said on Feb. 22.

To contact the reporters on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net;

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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