LGM TOURISM
GMR completes divestment of Istanbul airport, gets Rs 1,740 crGMR Infrastructure today said it has completed the divestment of its 40 per cent stake in Istanbul international airport in Turkey to MAHB.
GMR inks pact with MAHB to divest stake in Istanbul airportGMR Group has signed a definitive agreement with MAHB to divest its 40 per cent equity stake in Istanbul Sabiha Gökçen(ISG) and LGM Tourism.
MAHB plans to buy GMR's 40% stake in Turkish AirportGMR Infra holds 27.55% stake in Sabiha Gokcen airport, and its overseas firm GMR Infrastructure Overseas Ltd holds another 12.45%.
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