GVK seeking bigger slice of Bangalore and Mumbai Airports
Bangalore International Airport Ltd (BIAL) announced a major ownership change in early Dec-2009, with GVK Power & Infrastructure Ltd (GVKPIL) acquiring Larsen & Toubro’s 17% stake in the airport operator. The acquisition, valued at USD2.28 per share, totalled USD149.1 million and increased GVKPIL’s stake in BIAL to 29%. This values BIAL at USD877.1 million.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.