India  

India's GMR Airports, affiliates to buy 11% additional stake in Hyderabad airport

IndiaTimes Wednesday, 25 October 2023
India's GMR Airports and its affiliates will buy an additional 11% stake in GMR Hyderabad International Airport from Malaysia Airports Holding Berhad's unit, the company said in a statement on Wednesday. GMR Aiports holds a 63% stake in GMR Hyderabad International Airport (GHIAL). The acquisition will raise its stake to 74%. Airports Authority of India and the government of Telangana state each holds 13% stake in GHIAL. GMR Airport entered into a share purchase agreement with Malaysia Airports Holding Berhad and its unit MAHB (Mauritius).
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Cambodia Opens New China-Funded Airport to Boost Angkor Wat Tourism [Video]

Cambodia Opens New China-Funded Airport to Boost Angkor Wat Tourism

Cambodia Opens New , China-Funded Airport , to Boost Angkor Wat Tourism. On October 16, Cambodia launched commercial operations at the country's newest and largest airport. . 'The Independent'..

Credit: Wibbitz Top Stories     Duration: 01:31Published