GMR Airports to acquire 10% stake in Delhi International Airport at estimated $126 million
GMR Airports Infrastructure will acquire a 10% minority stake in Delhi International Airport Limited (DIAL) from Fraport AG Frankfurt Airport Services Worldwide for an aggregate consideration of $126 million. DIAL is a subsidiary of GMR Airports and the latter currently holds 64% stake in the company. Erstwhile known as GMR Infrastructure Limited (GIL), the company … Read more