GVK eyes Siemens stake in BIAL

GVK Power and Infrastructure,which holds 29% stake in the Bangalore International Airport Limited,today said it is ready...

Written by Press Trust Of India | Published:August 20, 2010 1:58 am

GVK Power and Infrastructure,which holds 29% stake in the Bangalore International Airport Limited,today said it is ready to pick up Siemens’s Project Ventures’ stake if it decides to sell it. “We are interested in picking up a stake. But they have to offer it,” Chairman of the company G Krishna Reddy told reporters here on the sidelines of unveiling an expansion plan of BIAL’s terminal one.

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