GHIAL inks pact to acquire stake in airport cargo firm

GMR Hyderabad International Airport Limited (GHIAL) has said it signed a definitive agreement to acquire the entire stake held by Menzies Aviation Cargo (Hyderabad) Ltd in Hyderabad Menzies Air Cargo Private Limited Limited for about Rs 60 crore.

GHIAL inks pact to acquire stake in airport
GHIAL is a GMR group company that manages the Rajiv Gandhi International Airport here. Image Source: Reuters

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