SBI-Macquarie, Standard Chartered among GMR Airport investors
GMR Airport Holdings, a unit of Bangalore-based GMR Infrastructure - which operates two of India’s major airports - is reportedly set to receive INR15 billion ($333 million) from SBI-Macquarie, Standard Chartered Private Equity and a third unnamed PE player.
According to the Economic Times, which first reported the deal, SBI-Macquarie Fund will specifically contribute INR9 billion rupees ($200 million) of that figure, invested through compulsorily convertible...
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