NEW DELHI AIRPORT OPERATOR EXITS CARGO BUSINESS
March 8th, 2015
Delhi International Airport (P) Ltd (DIAL), the private operator of the New Delhi’s Indira Gandhi International Airport has exited from the airport’s cargo business by selling its entire 26% equity stake in Delhi Cargo Service Centre Pvt. Limited.“DIAL on 16th March 2015 has sold and transferred its entire holding…to India Infrastructure Fund-II [a private international investment vehicle]…and has received the total consideration of USD4.6 million,” GMR Infrastructure Limited, DIAL’s parent company has informed the Bombay Stock Exchange.Furthermore, ...
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