GMR Airports likely to sell minority stake to GIC, Mitsubishi for Rs 7,000-8,000 crore: report
Updated : February 20, 2019 08:44 AM IST
The deal is expected to be announced very soon, the report said citing unidentified merchant bankers.
The group assets of GMR are valued at Rs 25,000 crore and the proposed equity sale can generate around Rs 7,000-Rs 8,000 crore, the report said.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more