 "Mumbai airport")
Adani Group has completed the purchase of 23.5 per cent stake in Mumbai International Airport (MIAL) from two South African entities, marking the first step towards acquiring a majority control in the country’s second-busiest airport.
In a stock exchange notification on Saturday, Adani Enterprises said that its airports division had acquired 13.5 per cent stake of Bidvest and 10 per cent stake of Airport Company of South Africa, for a consideration of Rs 1,685 crore.
The deal marks a culmination of Adani Group’s two-year quest to acquire a stake and gain control of the Mumbai airport. It also
In a stock exchange notification on Saturday, Adani Enterprises said that its airports division had acquired 13.5 per cent stake of Bidvest and 10 per cent stake of Airport Company of South Africa, for a consideration of Rs 1,685 crore.
The deal marks a culmination of Adani Group’s two-year quest to acquire a stake and gain control of the Mumbai airport. It also
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