GMR Fraports Stake Buy Deal: GMR Airports has acquired Fraport's 10% stake in Delhi airport for $126 million, increasing its share to 74%. The move aligns with GMR's strategy to consolidate its core assets. Fraport had been seeking to sell its stake due to limited control and valuation differences.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.