Adani Group to acquire 74% stake in Mumbai airport from GVK airport developers
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Gautam Adani-owned Adani group is going to pick a 74% stake in Mumbai Airport after reaching an agreement with the GVK group. Adani Airport Holdings has "entered into an agreement to acquire the debt of GVK Airport Developers," Adani Enterprise said. The GVK group currently has a 50.50% equity stake in Mumbai International Airport Limited. Adani group is also looking to acquire a 23.5 percent equity stake from ACSA and Bidvest.