The CCI on November 14, 2019, approved Adani Properties' acquisition of a 23.5% stake in the country's second busiest aerodrome Mumbai International Airport. Adani Properties has acquired the shares from Mauritius based Bid Services Division and ACSA Global Ltd.
As per the combination notice filed with CCI -the transaction involves acquisition of shares through two separate share purchase agreements. While Adani is buying a 13.5% stake in Mumbai International Airport from Bid Services Division, the rest 10% has been acquired from ACSA.
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