Mumbai airport operator GVK is in talks with various private equity
(PE) players to sell its stake in its airport business. The company is
in talks with PE players like KKR, Blackstone, GA, etc to divest its
stake in an move to monetize its assets. The company is looking to raise
USD 400 million through this stake sale. Furthermore, the company is
looking to list its airport business and is in talks with merchant
bankers for the same. However, the listing is unlikely to take place
before mid- FY15.
Read news in full 23/09/14 moneycontrol.com
Read news in full 23/09/14 moneycontrol.com
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