India’s GMR Airports Expands Stake in Hyderabad International Airport

In a strategic move, GMR Airports and its affiliated entities are set to acquire an additional 11% stake in GMR Hyderabad International Airport (GHIAL) from Malaysia Airports Holding Berhad’s unit. The move is expected to further strengthen GMR Airport’s position in GHIAL.As of now, GMR Airports holds a 63% stake in GHIAL. With this acquisition,...

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