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GVK MIAL
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...- NIIF-ADIA-PSP combine give nod to GVK to start talks with Adani, others to land into MIALThe investor consortium of India’s sovereign wealth fund, NIIF, Abu Dhabi Investment Authority and Canada’s Public Sector Pension Investmen...
- Mumbai Airport money laundering scam: ED carries out searches in Mumbai & HyderabadIn June, the CBI had booked the promoters of Hyderabad-based leading infrastructure conglomerate, the GVK group and the Mumbai Internationa...
- Mumbai airport development scam: ED registers money laundering caseAccording to the CBI FIR , the promoters of GVK group in connivance with unknown officials from Airport Authority of India (AAI) adopted va...
- CBI registers FIR against promoters of GVK Group, MIALThe promoters of GVK group allegedly misused reserve funds of MIAL to the tune of Rs 395 crore to finance their group companies, the CBI ha...
- South African investor in Mumbai Airport moves SC in dispute with GVK“GVK Airport Holdings has approached an arbitral tribunal comprising three former judges members along with MIAL against ACSA for alleged b...
- 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.
- Ten more of GVK group’s entities under MCA lensThe companies include eight step-down subsidiaries of GVK group flagship GVK Power & Infrastructure ltd. Another entity on the radar includ...
- 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...
- 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.
- CCI clears GVK Group's additional stake buy in Mumbai Airport"Competition Commission of India approves acquisition of entire share of ACSA Global in MIAL by GVK Airport Holdings Ltd," the CCI said in ...
- 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 inks pact to sell 49% stake in airports business to ADIA & NIIFThe Adani Group made an offer in January for the 23.5% held by two South African companies, prompting GVK to ringfence itself.
- 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 Group firm to acquire 12 crore shares in Mumbai airportAfter completion of this stake buy, GVK Group's shareholding in MIAL will increase to 74 per cent.
- GVK buys 13.5% stake in Mumbai Airport firmThis transaction, through the step down subsidiary GVK Airport Holdings, has enabled GVK to acquire controlling stake of 50.5%, up from 37%.
- GVK raises funds from StanChart for MIAL stake buyGVK Airport Holdings, a subsidiary of GVK Power & Infrastructure, has raised $235 million (Rs 1,044 crore) from Standard Chartered (UK).
- GVK buys 13.5% more in Mumbai International AirportThe transaction, formalised on Tuesday and subject to regulatory approvals, values MIAL at $1.7 billion. BSDM is a subsidiary of South Afri...
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