GMR Airports Limited (GAL) has completed the acquisition of an 11% stake in GMR Hyderabad International Airport (GHIAL) from Malaysia Airports Holdings Berhad (MAHB) Group. This transaction increases GAL’s shareholding in GHIAL from 63% to 74%. The deal, valued at nearly $100 million, is part of GMR Group’s efforts to consolidate its core assets. GHIAL manages Hyderabad International Airport, and the Telangana government and the Airports Authority of India will hold 13% stake each in GHIAL.
GMR Airports Acquires 11% Stake in Hyderabad International Airport
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