M&A

GMR Airports' arm completes 70% stake purchase in group co. EGLPPL

Economic Times  

GMR Airports Ltd.'s subsidiary, GMR Hyderabad International Airport Ltd, has acquired a 70% stake in its associate company ESR GMR Logistics Park Pvt Ltd (EGLPPL).GMR Hyderabad Aerotropolis Ltd (GHAL), a wholly-owned subsidiary of GMR Hyderabad International Airport, already holds a 30% stake in EGLPPL, which develops warehousing and logistics parks in Hyderabad.

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