August 31, 2020
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1:11Now PlayingBillionaire Gautam Adani of Adani Group said that it has reached an agreement to acquire 74% stake in Mumbai's International Airport as well as share-holding of the GVK group. Adani Group has agreed to take over the debts of the GVK airport developers.
A major acquisition on the part of Adani Group. GVK Developers holds a 50.5% stake in the Mumbai International Airport. The debt will be converted into equity. The debt of GVK developers has been acquired by the Adani Group. This is major news in the world of business and Adani Group entering this sector through this acquisition.
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