 "GMR, Hyderabad International Airport")
France's Groupe ADP has infused Rs 4,565 crore, which is the second tranche of investment, in GMR Airports Limited (GAL) to conclude its deal to purchase a total of 49 per cent shareholding in the company, said an official statement.
The GAL manages airports at Delhi and Hyderabad. On February 21, the company had announced that Groupe ADP would acquire 49 per cent stake in it for 10,780 crore.
In its first tranche of investment, Groupe ADP had paid Rs 5,248 crore on February 26 to the GAL to purchase 24.99 per cent in it.
A press release by GMR Infrastructure said on
