 "Mumbai airport")
The takeover battle for Mumbai airport has now landed in the Bombay High Court (HC), with the Adani group moving it against Bidvest, part owner of the airport, and other shareholders to take over its stake. The South African company has a 13.5 per cent stake in Mumbai International Airport (MIAL). The petition, filed on Wednesday, also names GVK, the Airports Authority of India (AAI), MIAL, and the civil aviation ministry as respondents.
In March this year, Bidvest had signed an agreement to sell its stake to the Adani group at the same consideration offered to other shareholders of MIAL —
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