GVK buys Bidvest’s stake in Mumbai international airport

Date posted: Monday 25 February 2019

GVK Airport Holdings Ltd, a subsidiary of publicly traded GVK Power and Infrastructure Ltd, has acquired a 13.5% stake of Bid Services Division (Mauritius) Ltd (subsidiary of Bidvest Group Ltd), in Mumbai International Airport Ltd (MIAL). With this, GVK’s stake in MIAL increased to 64%.

(DealStreet Asia)