22-Jan-2010 12:37 PM

India’s Gammon Infrastructure to acquire stakes in Asian and African airport projects

India’s Gammon Infrastructure reportedly plans to acquire stakes in international airport projects in Asia and Africa,  investing between USD216.9 million and USD867.5 million (Business Standard, 22-Jan-2010). Gammon also reportedly plans to raise up to USD100 million through a qualified institutional place (QIP).