{"id":370814,"date":"2020-08-31T10:16:50","date_gmt":"2020-08-31T04:46:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=370814"},"modified":"2020-08-31T10:16:50","modified_gmt":"2020-08-31T04:46:50","slug":"adani-group-acquires-74-per-cent-stake-in-mumbai-international-airport","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-acquires-74-per-cent-stake-in-mumbai-international-airport\/","title":{"rendered":"Adani Group acquires 74 per cent stake in Mumbai International Airport"},"content":{"rendered":"<p>Gautam Adani-led Adani Group has acquired 74 per cent stake in Mumbai International Airport Limited (MIAL) that operates India\u2019s second largest airport in Mumbai.<\/p>\n<p>Under the transaction Adani Group will acquire 50.5 per cent stake of GVK group. Additionally, Adani will also acquire 23.5 per cent stake of minority partners Airport Company of South Africa (ACSA) and Bidvest. ACSA and Bidvest hold 10 and 13.5 per cent stake respectively in MIAL.<\/p>\n<p>GVK had moved court to block the attempts of sale citing they have a right to first refusal. However, the company hasn\u2019t been able to garner funds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gautam Adani-led Adani Group has acquired 74 per cent stake in Mumbai International Airport Limited (MIAL) that operates India\u2019s second largest airport in Mumbai. Under the transaction Adani Group will acquire 50.5 per cent stake of GVK group. Additionally, Adani will also acquire 23.5 per cent stake of minority partners Airport Company of South Africa (ACSA) and Bidvest. ACSA and Bidvest hold 10 and 13.5 per cent stake respectively in MIAL. GVK had moved court to block the attempts of sale citing they have a right to first refusal. However, the company hasn\u2019t been able to garner funds.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-370814","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370814","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=370814"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370814\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=370814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=370814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=370814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}