{"id":338500,"date":"2020-02-21T12:19:01","date_gmt":"2020-02-21T06:49:01","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338500"},"modified":"2020-02-21T12:19:01","modified_gmt":"2020-02-21T06:49:01","slug":"frances-groupe-adp-to-buy-49-stake-in-gmr-airports-for-rs-10780-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/frances-groupe-adp-to-buy-49-stake-in-gmr-airports-for-rs-10780-crore\/","title":{"rendered":"France\u2019s Groupe ADP to buy 49% stake in GMR Airports for Rs 10,780 crore"},"content":{"rendered":"<p>MUMBAI: The GMR Group on Thursday struck a deal to sell a large minority stake in its airports business to France\u2019s Groupe ADP, while saying that it has called off a stake-sale agreement signed last year with a Tata Groupled consortium.<\/p>\n<p>In a late night announcement, GMR Group said it will sell 49% in its airports business for ?10,780 crore to Groupe ADP, which runs the three airports in Paris. A spokesperson for GMR said it had received a better valuation from the French company, and that a deal with a global airport operator would offer better synergies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: The GMR Group on Thursday struck a deal to sell a large minority stake in its airports business to France\u2019s Groupe ADP, while saying that it has called off a stake-sale agreement signed last year with a Tata Groupled consortium. In a late night announcement, GMR Group said it will sell 49% in its airports business for ?10,780 crore to Groupe ADP, which runs the three airports in Paris. A spokesperson for GMR said it had received a better valuation from the French company, and that a deal with a global airport operator would offer better synergies.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-338500","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=338500"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338500\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}