Page 49 - Developers Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Adani Airport Holdings Ltd (AAHL), the flagship holding company of the Adani group for its airports business, has acquired  an additional 23 per cent stake in Mumbai International Airport Ltd (MIAL) from ACSA Global Ltd (ACSA) and Bid Services Division (Mauritius) Ltd or Bidvest for Rs 1,684.25 crore. With this, the Gautam Adani-led group will have a 74 per cent stake in MIAL with the rest being held by the Airports Authority of India (AAI). In August, the group had said it would acquire GVK Airport Developers’ (GVKADL) 50.50 per cent stake in MIAL. The group had then said that it was also...

Adani Airports buys 23.5% stake in Mumbai International Airport for $224.6m Adani group chairman Gautam S. Adani. Photographer: Tomohiro Ohsumi/Bloomberg Premium Adani Airport Holdings (AAHL), a wholly owned subsidiary of Adani Enterprises, has acquired 23.5 percent stake in Mumbai International Airport (MIAL) from ACSA Global (ACSA) and Bid Services Division (Mauritius), or Bidvest, for ₹1,685.25 crore, the company said in a regulatory filing. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at...

February 06, 2021 The Adani Group has completed the acquisition of 23.5 per cent of Mumbai International Airport Limited (MIAL) from ACSA Global Limited (ACSA) and Bid Services Division (Mauritius) Limited (Bidvest). “AAHL has completed the acquisition of 23.5 per cent equity stake in MIAL. This acquisition forms part of the transaction pursuant to which AAHL proposes to acquire controlling interest in MIAL as specified in our intimation dated August 31, 2020,” the company said in a statement to the stock exchanges. According to sources, under the proposed deal, the Adani Group will ac...

MEP Infrastructure Developers Limited receives LOA for fee collection for Badarpur Elevated Plaza Posted On: 2021-02-04 20:58:01 (Time Zone: Arizona, USA) MEP Infrastructure Developers Limited ('MEP') has received the Letter of Award (LOA) dated February 4, 2021 from National Highways Authority of India (NHAI) informing that MEP has been engaged as the Contractor for the collection of user fee through E-quotation (e-tender) for Badarpur Elevated Plaza at Km. 18.700 and Km. 20.200 on Section from Km. 16.100 to Km. 20.500 of NH-2 in the State of Delhi & Haryana. Key highlights of the Proje...

Privatization of 6-10 airports to begin from April AAI is raising ₹2,100 crore for its capex requirements (Mint) Share Via Read Full Story NEW DELHI : The Airports Authority of India (AAI) will begin the third stage of the airport privatization process for 6-10 airports in April, civil aviation secretary Pradeep Singh Kharola said on Thursday. The government will use a new approach for privatizing airports, clubbing a profitable airport with a loss-making airport for the sale process, Kharola said. “AAI is examining the feasibility of giving a non-profitable airport and a profit-making ...