Adani Group To Purchase Majority Stake In Mumbai International Airport

Gautam Adani's Adani Group said on Monday that it will acquire GVK Group's stake in Mumbai airport, thus becoming the country's largest private airport operator. Adani Group will have 74 per cent stake in Mumbai's Chattarpati Shivaji Maharaj International Airport, post the stake purchase transaction, with 50.5 per cent being bought from GVK Group and 23.5 per cent from minority partners including Airports Company South Africa (ACSA),...