India´s GMR Group is to sell its 40 per cent stake in Istanbul´s Sabiha Gokcen International Airport for 200-250 million (approximately Rs 2,500 crore. For this, the GMR Infrastructure, India´s largest private airport developer, has entered into a definitive agreement with Turkey´s TAV Airports Holdings. For the transaction, now it needs the approval of its partners in the airport. In the Istanbul Airport, Malaysia Airports Holdings owns 20 per cent while Limak Holdings has 40 per cent stake.
FlashNews:
India’s Infrastructure Investments to Surge 50% Despite Global Uncertainties: Crisil Ratings
Future of Himalayas White Paper Calls for Systemic Shift in Development and Resilience
Global Wind Installations Surge 40% as Sector Charts Path Beyond Energy Crisis
Siemens Ushers in Industrial AI Transformation with Eigen Engineering Agent at Hannover Messe
India and Asian Markets Adapt to Middle East LNG Disruption: S&P Global Energy
Polaris Smart Metering Secures $80 Million BII Financing to Accelerate India’s Smart Meter Rollout
Delhi Airport Unveils Multi‑Lingual Passenger Guide Under #DELCares
POWERGRID Wins Green World Award 2026 for Climate Change Excellence
Reflections for Safer Roads: The Science of Conspicuity
JAKSON Group Unveils Five Energy Solutions, Eyes Over ₹90 Billion Growth for FY2026‑27
Star Air Launches 70 Weekly Flights, Introduces First‑Ever Direct Mundra-Delhi NCR Route
India’s Data Centre Market to Double, Crossing $22 Billion by 2030: Vestian
“RVNL Delivers 17,000 km Rail Projects, Executes ₹2 Trillion Infrastructure:” Railway Board CEO
Qatar Pledges Deeper Energy Ties with India During Puri’s Doha Visit
IRB Group Reports ₹8.3 Billion FY2026 Toll Revenue, Secures 10% National Share
India and Bhutan Sign Tariff Protocol for Punatsangchhu‑II, Strengthening Hydropower Partnership
IndiGo, Digi Yatra and BIAL Pioneer India’s First International Contactless Travel Trials with IATA
India-Bhutan Hydropower Push: Minister Manohar Lal’s 4-Day Visit to Drive Projects, Trade
India Slashes Airport Charges to Shield Domestic Airlines from ATF Surge Amid West Asia Conflict
Home » GMR to sell Istanbul Airport stake
GMR to sell Istanbul Airport stake
Aviation & Airports
January 1, 2014January 1, 2014
Leave a Reply
You must be logged in to post a comment.