Business Standard

GMR Infrastructure receives Rs 5248 cr from Group ADP

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Capital Market
GMR Infrastructure has received Rs 5,248 crore towards first tranche of investment in airports business from Groupe ADP. The end utilisation of monies has been mainly for corporate debt reduction. Further, the GMR Group has provided exit to the existing private equity investors in GMR Airports.

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First Published: Feb 26 2020 | 12:44 PM IST

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