 "Industry sources said Adani Group will pay close to Rs 15,000 crore for the total transaction")
Gautam Adani-led Adani Group is set to acquire a 74 per cent stake in Mumbai International Airport (MIAL), which operates the country’s second-largest airport, with the current operator settling its disputes with its minority partner and exiting the venture.
With six airports already under its belt, this will make the group the largest private airport operator after GMR Group, which operates Delhi and Hyderabad airports.
The acquisition will also give the Adanis ownership of the upcoming Navi Mumbai airport, in which MIAL holds 74 per cent.
Sources said the transaction under which Adani Group will acquire 50.5 per cent of
