Tata Group, GIC, SSG Capital Management to invest Rs 8,000 cr in GMR's airports business
GMR Infrastructure Wednesday said Tata Group along with an affiliate of Singapore's sovereign wealth fund GIC and SSG Capital Management will invest Rs 8,000 crore in the company's airports business.
Following the transaction, GMR Infrastructure and its subsidiaries will hold around 54 per cent stake in GMR Airport. Image source: GMR website