Gvk Airport Holdings

Two South African firms -- Airport Company South Africa and Bidvest Group – which together own 23.5% share in the Mumbai International Airport, have been trying to exit the venture and GVK and Adani Group have been trying to acquire their stakes.

GVK's airport stake | Canada's PSP Investments to tie up with ADIA-NIIF: Report

PSP Investments, ADIA and NIIF will be co-promoters with equal stake in the company,the report said.

GVK Airport Holdings acquires 13.5% more stake in Mumbai International Airport

On completion of this deal, its stake in MIAL will increase to 64 percent from 50.5 percent earlier.

AAI may have to shelve plan to privatise 4 airports

A final decision on whether to scrap the privatisation process entirely will be taken by the end of this month since August 31 is the deadline for bidders to submit RFQs.

GVK Airport Holdings acquires 50.5% stake in MIAL

GVK Airport Holdings (GVKAHPL), a subsidiary of GVK Power and Infrastructure (GVKPIL), today said it has acquired a 13.55% stake in Mumbai International Airport (MIAL) for a consideration of USD 231 million from Bid Services Division (Mauritius).