[부동산] TATA 그룹, GIC, SSG 캐피털 매니지먼트, GMR 공항에 8,000 루피 투자Tata Group, GIC, SSG Capital Management to invest Rs 8,000 crores in GMR Airports
[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Lee Jang Ho staff of
Kamagroup Pvt. Ltd. Here I have an important REAL ESTATE economic news to
share with you which is as undermentioned.
GMR Infrastructure has signed a binding term sheet with Tata Group, GIC and SSG Capital Management, pursuant to which the investors have agreed to invest Rs 8,000 crores in GMR Airports Ltd, GMR Infra said in a regulatory filing, on March 27, 2019. The investment amount of Rs 8,000 crores will consist of Rs 1,000 crores equity infusion in GMR Airports and Rs 7,000 crores towards the purchase of GMR Airports Ltd’s equity shares in GMR Infrastructure and its subsidiaries.
Following the transaction, GMR Infrastructure and its subsidiaries will hold around 54% stake in GMR Airport, while the employee welfare trust will hold about 2%, Tata Group around 20%, GIC about 15% and SSG around 10%. As part of this transaction, GMR Infrastructure also intends to provide exit to existing private equity investors, who hold 5.8% equity stake in GMR Airport Ltd.
Read more at: https://housing.com/news/tata-group-gic-ssg-capital-management-to-invest-rs-8000-crores-in-gmr-airports/
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