Tag «Fairfax India Holdings Corporation»

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, …