GQG Partners sells 1.8% stake in GMR Airports for Rs 1,906 crore; Fidelity buys holding

US investment firm GQG Partners has sold a 1.8 per cent stake in GMR Airports to Fidelity International. The deal, valued at Rs 1,906 crore, saw GQG Partners offload 19.50 crore shares. Fidelity International acquired the same number of shares. This transaction occurred as GMR Airports reported a profit of Rs 400.49 crore for the March quarter.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.com