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BIDVEST GROUP
Adani Enterprises to acquire controlling stake in Mumbai airport“The Adani Group will also take steps to complete the acquisition of a 23.5 per cent equity stake from ACSA and Bidvest in MIAL for which i...
Adani Group in talks to buy out GVK and some partners in Mumbai AirportAdani Group had in March 2019 agreed to acquire 13.5 per cent stake of South African company, Bidvest for Rs 1,248 crore. However, GVK Grou...
Supreme Court asks Bidvest unit to move Delhi HC for MIAL stake saleA division bench of Justices R Bhanumathi and AS Bopanna observed that under the law, petitioner Bid Services Division (Mauritius) has to g...
Arbitration tribunal restrains Bidvest from selling its stake in MIAL until further orderThe arbitration tribunal was hearing the case after the Supreme Court in December had directed it to take a call on the sale of Bidvest’s 1...
Battle for stake in Mumbai Airport: High Court refuses interim relief to AdaniAdani Group had approached the high court in September seeking execution of its agreement with Bid Services Division Mauritius ('Bidvest'),...
Adani seeks more time to buy stake in Mumbai AirportThe GVK Group raised over Rs 7,600 crore to reduce debt and acquire a 23.5% stake in MIAL.
GVK raises Rs 7,600 crore to pare debt, buy 23.5% stake in Mumbai AirportGVK has raised a significant sum & will now look to halt Adani Group's bid to acquire a stake in Mumbai Airport.
Amidst tussle with Adanis, GVK gets MCA notice after whistleblower complaint on fraud at MIALGVK group, a Hyderabad-based infra major, is challenging Adani Group's bid to buy out the 13.5 percent stake being held by its South Africa...
Adani moves HC to stop Bidvest from selling stake in Mumbai Int’l AirportThe Gautam Adani-controlled Adani Properties has approached the court, seeking its direction to buy out minority stake of around 13.5% held...
AAI opts out of race to buy shares from Bidvest, ACSAArbitration panel gives time till Oct 30 to GVK to bring in investors.
Mumbai airport stake: Adanis move Bombay high court against GVK bid to stall its dealAdani in its suit filed on September 4 has claimed that its share purchase agreement dated March 5, 2019 with Bidvest, held through its Mau...
AAI wants to buy out South African partners in MIAL while Adani drags Bidvest, GVK others to courtA GVK source said AAI hadn’t exercised its RoFR in time and there was no question of the state-owned company entering the fray.
HC allows Bidvest to sell Mumbai airport stakeGVK had moved the court after Bidvest wanted to sell its stake to an unnamed bidder.
GVK should prove ability to buy stake, Bidvest tells courtThe debt-laden GVK is seeking to stave off a possible challenge for control after reports that Adani Group had also sought to acquire Bidve...
GVK, partners agree to settle Mumbai Airport stake issueThe GVK-led consortium is building India's second busiest airport in Navi Mumbai for about Rs 16,000 crore.
GVK taps NIIF-ADIA for Rs 6,500 crore to prevent Adani’s landing at MIALGVK’s promoters took the loans to finance an Australia project and the Bengaluru airport venture.
GVK moves High Court to stop Bidvest from selling MIAL stake to third partyInjunction filed to preempt a possible takeover by Adani Group; hearing on Monday.
GVK plans to buy Bidvest, ACSA's stake in Mumbai airport consortiumGVK Airport Holdings has exercised its "Right of First Refusal" to increase its stake in MIAL, according to a regulatory filing.
Bidvest plans to exit Mumbai International AirportState-owned Airports Authority of India owns 26% in the company and also 74% in the consortium that will build and operate the Navi Mumbai ...
Private equity firms, airport operators vying for 13.5% in MIALThe deal size is pegged at $300-350 million (Rs 2,100-2,500 crore), valuing MIAL at Rs 15,000-18,000 crore.