GVK completes sale of its 33% stake in Bangalore International Airport Limited to Fairfax India Holdings Corporation for INR 2,202 Crore
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Hyderabad, 24th March, 2017: GVK Power & Infrastructure Limited (NSE: GVKPIL, BOM: 532708) today announced that it has divested 33% of its stake in Bangalore International Airport Limited (BIAL) from its wholly owned subsidiary, Bangalore Airport & Infrastructure Developers Private Limited (BAIDPL) to Fairfax India Holdings Corporation (TSX: FIH.U), through its wholly-owned subsidiary in Mauritius, …