Tag «completes sale»

GVK completes sale of its 33% stake in Bangalore International Airport Limited to Fairfax India Holdings Corporation for INR 2,202 Crore

Hyderabad, 24th March, 2017:  GVK Power & Infrastructure Limited (NSE: GVKPIL, BOM: 532708) today announced that it has  divested 33% of its stake in Bangalore International Airport Limited (BIAL) from its wholly owned subsidiary, Bangalore Airport & Infrastructure Developers Private Limited (BAIDPL) to Fairfax India Holdings Corporation (TSX: FIH.U), through its wholly-owned subsidiary in Mauritius, …

Rio Tinto completes sale of Rio Tinto Coal Mozambique

Rio Tinto has completed the sale of Rio Tinto Coal Mozambique to International Coal Ventures Private Limited following the fulfilment of all conditions precedent and receipt of the necessary regulatory approvals. The sale, announced on 30 July 2014, comprises the Benga mine and other coal projects in the Tete province of Mozambique.  Rio Tinto’s other …