Zurich Airport to divest most of its shareholding in Bangalore Airport
After a turbulent eight years since its selection as operator and co-investor in the greenfield new Bangalore International Airport, Zurich Airport has announced plans to reduce its stake in Bangalore International Airport Ltd (BIAL) from 17% to just 5%. The stake will be sold to either an existing shareholder or new strategic partner, with the aim of forging a development partnership.
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