Adani Group to buy 23.5 % stake in Mumbai Airport

Adani Group is set to acquire 13.5 per cent stake in Mumbai International Airport (MIAL) from Bid Services Division (Mauritius) and 10 per cent stake from ACSA Global after the Competition Commission of India (CCI) approve the acquisition of shareholdings. The CCI has also approved an additional acquisition of 3.28% stake in logistics company Delhivery by the SVF Doorbell Cayman Ltd. This will take Adani Group’s share in MIAL to 23.5 per cent.