Mumbai International Airport

Earlier, Bidvest had sought permission to offload 13.5% in Mumbai airport to Adani Enterprises

Brookfield owns over 25 million sq ft of commercial property in Mumbai and other cities. It also bought Hotel Leela's assets last year for Rs 3,950 crore

As per the combination notice filed with CCI, the transaction involves acquisition of shares through two separate share purchase agreements

While the Adani group has signed an agreement to acquire 13.5 per cent in Mumbai airport, it wants to increase its stake further over time and has set aside Rs 10,000 crore for the purpose

Sets aside Rs 10,000 cr to buy Mumbai airport stake

Adani group and GVK are locked in a tussle for control of the 13.5% stake in Mumbai airport

The South African company has a 13.5% stake in Mumbai International Airport (MIAL)

Court slams GVK, says firm had no genuine exhibition of readiness to show it could pay off Bidvest to stop stake sale

Indian Ratings flags erosion in liquidity, places the term loans under watch with negative implications

Mumbai is the second busiest airport in the country

MIAL is in the process of designing a new website and enhancing its mobile app