Indian airports are the latest attraction among international private equity (PE) investors and airport developers, with as many as seven companies showing interest in the Centre’s airport-privatisation drive, reported Business Standard.
According to the report, German airport operator, AviAlliance; Australian AMP Capital; Canadian Brookfield Asset Management and PSP Pension fund; Sydney based Macquarie Group; French airport operator, Aeroports de Paris; and Italy’s Atlantia group have bought the bid documents for six airports.
Centre has decided to privatise and have a public-private partnership (PPP) arrangement at airports in Jaipur, Lucknow, Ahmedabad, Guwahati, Thiruvananthapuram and Mangaluru. These are being privatised after Delhi and Mumbai airports were last privatised in 2006. Read More