{"id":371018,"date":"2020-09-01T11:10:05","date_gmt":"2020-09-01T05:40:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=371018"},"modified":"2020-09-01T11:34:11","modified_gmt":"2020-09-01T06:04:11","slug":"adani-group-to-pick-74-per-cent-stake-in-mumbai-airport","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-to-pick-74-per-cent-stake-in-mumbai-airport\/","title":{"rendered":"Adani Group to pick 74 per cent stake in Mumbai airport"},"content":{"rendered":"<p>Billionaire Gautam Adani\u2019s Adani Group on Monday said it will acquire GVK\u2019s stake in Mumbai airport to become the country\u2019s biggest private airport operator, with a cumulative shareholding to 74 per cent.<\/p>\n<p>According to a regulatory filing, Adani Airport Holdings Ltd (AAHL), the flagship holding company of Adani Group for its airport business, \u201chas entered into an agreement to acquire the debt of GVK Airport Developers Ltd (ADL)\u201d in Mumbai International Airport Ltd (MIAL), which will be converted into equity stake.<\/p>\n<p>This conversion would lead to Adani Group getting all of 50.5 per cent stake of GVK Group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Gautam Adani\u2019s Adani Group on Monday said it will acquire GVK\u2019s stake in Mumbai airport to become the country\u2019s biggest private airport operator, with a cumulative shareholding to 74 per cent. According to a regulatory filing, Adani Airport Holdings Ltd (AAHL), the flagship holding company of Adani Group for its airport business, \u201chas entered into an agreement to acquire the debt of GVK Airport Developers Ltd (ADL)\u201d in Mumbai International Airport Ltd (MIAL), which will be converted into equity stake. This conversion would lead to Adani Group getting all of 50.5 per cent stake of GVK Group.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[208,130],"tags":[],"class_list":["post-371018","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371018","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=371018"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371018\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=371018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=371018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=371018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}