In October 2011, TAV Airports was put for sale for €2 billion, with Credit Suisse handling the bid process. On March 12, 2012, TAV announced the planned sale of 38% of the firm's issued share capital to the group Aéroports de Paris for a total consideration of 874 million USD. The sale value was determined based on the 32% premium of the company's latest closing price. The two companies provide service for 180 million passengers at 37 airports in total. Chairman Hamdi Akın and CEO Sani Şener continued in their positions.