alexa
 
Home News GVK Power gains 6% on stake sell in BIAL for Rs 2202 crore

Read more interesting news from around the globe with Wealth Doctor App

Google Play
 
GVK Power gains 6% on stake sell in BIAL for Rs 2202 crore

GVK Power gains 6% on stake sell in BIAL for Rs 2202 crore

Monday, March 27, 2017, 11:29 AM

Shares of GVK Power & Infrastructure advanced 6% intraday Monday as it has completed the stake sale in Bangalore International Airport (BIAL). The company has divested 33% of its stake in Bangalore International Airport from its wholly owned subsidiary, Bangalore Airport & Infrastructure Developers (BAIDPL) to Fairfax India Holdings Corporation, through its wholly-owned subsidiary in Mauritius, for an aggregate investment of Rs 2202 crore.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!