Kuala Lumpur International Airport
Malaysia Airports Holdings has raised $298.6 million in a block trade and will use the proceeds to acquire a 40% stake in Istanbul's second-biggest international airport.
The Sepang-based airport operator put 124 million primary shares on offer, a mix of existing and enlarged share capital.
The final offer priced at 7.90 ringgit $2.40 a share on Tuesday, a 5.7% discount to the March 3 closing price of 8.38 ringgit. Shares were initially...