GMR Exits Istanbul Airport
  • Prabha Hedge
  • Dec 24 2013

December 24: GMR Infra will sell its 40% stake in the Istanbul Airport to Malaysia Airport Holdings for Rs.1,900 crore.The Malaysian firm, which already holds 20% stake in the project, exercised its right of first refusal to acquire the stake. Bloomberg TV India spoke to Madhu Terdal, GRP CFO, GMR about the same.