GVK Airport Services, which operates Mumbai and Bangalore international airports, has short-listed five bidders to sell up to 49 per cent for raising Rs,4,000 crore. Reportedly, the bidders, which include German airport operator AviAlliance, are likely to submit binding offers by January-end.
GVK Airport has reportedly mandated Bank of America Merrill Lynch and Goldman Sachs for the private placement of shares.
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