Mumbai airport stake sale said to attract Changi, 3 others
GVK Group is in talks with at least four companies, including Singapore's Changi Airport, AviAlliance, NIIF and Abu Dhabi Investment Authority to sell a significant minority stake in Mumbai airport
Mumbai: GVK Group is in talks with at least four companies to sell a significant minority stake in Mumbai International Airport Pvt. Ltd, two people directly aware of the discussions said. Four of the potential bidders, namely Singapore’s Changi Airport, German airport operator AviAlliance, India’s sovereign wealth fund National Investment and Infrastructure Fund (NIIF) and Abu Dhabi Investment Authority (ADIA) are in advanced negotiations to buy a stake in Mumbai airport, the people cited above said, requesting anonymity as the talks are private.