New Delhi: Hiking its stake in Delhi International Airport to 64 per cent, GMR Infrastructure will acquire an additional 10 per cent equity for $79 million from Malaysia Airports Holdings Berhad (MAHB), which is exiting the venture.
It would be purchasing the additional shareholding in Delhi International Airport Ltd (DIAL) for $79 million (about Rs 492 crore).
At present, GMR Infrastructure holds 54 per cent stake. In a regulatory filing today, GMR Infrastructure said its subsidiary GMR Airports would acquire 10 per cent stake in DIAL from Malaysia Airports (Mauritius) Pvt Ltd.
Malaysia Airports (Mauritius) is a subsidiary of MAHB.
Post the proposed acquisition, GMR Infrastructure's stake would rise to 64 per cent.
25/06/15 PTI/NDTV
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It would be purchasing the additional shareholding in Delhi International Airport Ltd (DIAL) for $79 million (about Rs 492 crore).
At present, GMR Infrastructure holds 54 per cent stake. In a regulatory filing today, GMR Infrastructure said its subsidiary GMR Airports would acquire 10 per cent stake in DIAL from Malaysia Airports (Mauritius) Pvt Ltd.
Malaysia Airports (Mauritius) is a subsidiary of MAHB.
Post the proposed acquisition, GMR Infrastructure's stake would rise to 64 per cent.
25/06/15 PTI/NDTV
