Tag Archives: GVK Reddy

Adani to acquire Bombay airport

The Gautam Adani-controlled conglomerate said on Monday it had signed a definitive deal to buy GVK Airport Developers Ltd’s debt, against which it pledged a 50.5% stake in Mumbai International Airport Ltd (MIAL). The Adani group will also purchase the combined 23.5% stake held by Airport Company of South Africa …

Read More »