After the Bidvest Group, Airport Company of South Africa (ACSA) has sought help from the ministry of external affairs (MEA) and the ministry of civil aviation to sell its 10 per cent stake in Mumbai International Airport (MIAL).
The South African company warned that its board is concerned about making future investments in India, considering the legal and regulatory delays.
In a communication to the MEA, group executive (business development) of ACSA Charles Shillows said it is an investor in MIAL since 2006.
After successful completion of the project, the company decided to exit the investment in January 2019 when