GMR Airports Infrastructure boosts stake in Delhi International Airport with $126m acquisition
GMR Airports Infrastructure Limited (GIL), formerly GMR Infrastructure Limited, has signed a significant Share Purchase Agreement (SPA) with Fraport AG Frankfurt Airport Services Worldwide, marking a pivotal moment in the aviation sector. Through this agreement, GIL will purchase Fraport’s 10% minority equity stake in Delhi International Airport Limited (DIAL) for an estimated USD 126 million. […]