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GMR

Steady2 stories1 sourcesLast updated: 4/24/2026

Related Topicsgroupe adp gmr airports stake sale airport infrastructure india aviation investment divestment convertible bonds

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ADP to sell 7.3% stake in GMR Airports Ltd

ADP to sell 7.3% stake in GMR Airports Ltd

Groupe ADP to Sell 7.3% Stake in GMR Airports for Up to €924 Million

4/24/2026AI summary

Groupe ADP to Sell 7.3% Stake in GMR Airports for Up to €924 Million

Groupe ADP has agreed to sell up to 7.3% of its stake in GMR Airports Ltd in a transaction valued at up to €924 million ($1.08 billion). The French airport operator will sell an initial 3.4% stake for €256 million with a put option for an additional 3.9% worth approximately €285 million. ADP will retain its co-promoter status and governance rights despite the partial divestment, aiming to crystallize value while maintaining exposure to future growth.