CCI approves GMR Airports’ stake sale
CCI approves GMR Airports’ stake sale

The CCI has approved the deal acquisition of a 55.2% in GMR’s airports business by Tata Realty, GIC and SSG Capital management, subject to certain modifications proposed by the Tata entity. The deal will bring Rs 8,500 crore to the company. The stake sale will give Tatas a stake of about 20% in the airport holding company, while GIC and SSG will hold about 15% and 10%, respectively.

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