Brief: GVK Power & Infrastructure divests 33 pctstake in Bangalore International Airport Ltd to Fairfax Group
28/03/2016 07:50
March 28 (Reuters) - GVK Power & Infrastructure Ltd GVKP.NS : * Divests 33 percent stake in Bangalore International Airport Limited to Fairfax Group for inr 21.49 billion * On completion of deal, there would be reduction of debt burden of around inr 20 billion * Source text: http://bit.ly/25rRdZx * Further company coverage GVKP.NS ((Bengaluru Newsroom; +91 80 6749 1130))
Recent news on GVK Power & Infrastructure
See all newsBrief: GVK Power Infrastructure Says CIRP Of GVK Coal(Tokisud)Commenced In Accordance With Provisions Of IBC
Brief: India Government Competition Commission Of India Approves Proposed Acquisition Of 100% Shareholding Of Gvk Power (Goindwal Sahib) Limited By Punjab State Power Corporation Ltd
NSEI Block Deal GVK POWER 683,811 shares at 10.50 INR
NSEI Block Deal GVK POWER 6,607,360 shares at 7.25 INR
BSE Block Deal GVK POWER-B 1,801,863 shares at 8.79 INR