Groupe ADP Completes First Step in GMR Airports Stake Buy

Mactan Cebu International Airport, Philippines
Credit: GMR
PARIS—French airports operator Groupe ADP has completed the first phase of its plan to take over a 49% stake in GMR Airports, buying an initial 25% stake in the New Delhi-based airport operator. The move is part of Groupe ADP’s long-term drive to invest in airport activities in regions with dynamic...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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