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Abu Dhabi Investment Authority to invest $750 million in debt of GMR Group

By Economic Times - 24 hours ago
Abu Dhabi Investment Authority (ADIA) is set to invest $750 million in the debt of India's GMR Group. This investment aims to help GMR Group reduce its pledged shareholding on its airports business and refinance its external debt. The move will strengthen GMR's capability to support the growth of GMR Airports.

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