Posted inAT Financial

India’s Adani Group acquires Mumbai airport

In a sign of growing consolidation in the Indian airports sector, Adani Group has acquired a 74% stake in Mumbai International Airport Limited, a public-private partnership venture that operates India’s second-largest airport. The stakeholders in the joint venture include the state-run Airports Authority of India (26%), infrastructure major GVK Group (50.5%), and a few other […]