The Government of India will evaluate Adani Airport Holdings’ (AAHL) request to acquire controlling interest in Mumbai Airport.
Recently, AAHL, the holding company of Adani Group’s airports business, signed an agreement to acquire the debt of GVK Airport Developers (GVK ADL), the holding company through which GVK Group owns a 50.5% equity stake in MIAL.
AAHL also plans to acquire a 23.5% stake of MIAL held by minority partners Airport Company of South Africa (ACSA) and Bidvest...more
