GMR Airports set for demerger; valued at Rs. 22,500 cr post deal
GMR Airports, part of the diversified GMR Infrastructure, continues to grow, with airports contributing to a stronger platform and potentially paving the way for demerger of the airports business from GMR.
From raising long-term debt capital through bond offerings to stake divestment and monetisation of land parcels, it is witnessing buoyancy.
The recent transaction values which saw GMR Infrastructure signing up with marquee investors — Tata Group, GIC Singapore and SSG Capital Management for an investment of Rs. 8,000 crore, has valued GMR Airports at Rs. 22,500 crore and includes value from earn-outs of about Rs. 4,500 crore.
