14-Apr-2011 2:46 PM
GMR and GVK lead stronger day for airport shares
Analysis
Stocks in Indian infrastructure and airport companies, GVK Infrastructure and GMR Infrastructure, led a better day for airport shares, gaining 2.9% and 3.6% respectively. GMR Group confirmed it will raise USD150 million for its airport unit, through three private equity firms, with the consortium to reportedly include Standard Charted Bank's private equity arm, Jacob Ballas & Old Lane.
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