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India's Kannur Airport to offer 49% of equity shares to the public

1-Apr-2010 12:37 PM

India’s Kerala Chief Minister, VS Achuthanandan, reportedly stated that the Indian Cabinet approved a public sale of a 49% share in the proposed Kannur Airport to the (UNI, 31-Mar-2010). Mr Achuthanandan added the Government would hold 26% of equity in the company, same as the Cochin International Airport Limited investment model.