Groupe ADP Completes First Step in GMR Airports Stake Buy

airport
Mactan Cebu International Airport, Philippines
Credit: GMR
PARIS—French airports operator Groupe ADP has completed the first phase of its plan to take over a 49% stake in GMR Airports, buying an initial 25% stake in the New Delhi-based airport operator. The move is part of Groupe ADP’s long-term drive to invest in airport activities in regions with dynamic...

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