Ercan Ersoy and Asli Kandemir

YDA selling Dalaman contract to fund other investments / Fraport, ADP are also among companies contesting for deal

European airport operators including Ferrovial SA and Vinci SA are among bidders for a concession contract in Turkey, according to five people familiar with the situation.

Fraport AG and Aeroports de Paris are among other companies and investors that have also submitted non-binding offers to run Dalaman Airport on the country’s Mediterranean coast, said the people. They asked not to be identified because the process is confidential. The contract is being auctioned by YDA Group, a closely held Turkish conglomerate with investments spanning construction to energy.

[Bloomberg]

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