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GMR to buy Fraport's 10% stake in Delhi Airport; become 74% stakeholder of DIAL
Credit: IndiaTimes- Published on September 9, 2024
GMR Airports Infra Ltd plans to purchase a 10% stake in Delhi International Airport Ltd from Fraport Airport for $126 million, raising its ownership to 74%. The Airports Authority of India will continue holding the remaining 26%. The transaction, subject to necessary approvals, is anticipated to be completed within 180 days.
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GMR Airports Infra plans to buy a 10% stake in Delhi International Airport from Fraport Airport for $126 million, boosting its ownership to 74%. The Airports...
on September 9, 2024 • IndiaTimes