PSP and Ferrovial emerge as final applicants for stake in GVK Mumbai Airport

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The operator of Heathrow, Glasgow, Aberdeen and Southampton airports 'Ferrovial' and Canada-based Public Sector Pension Investment Board (PSP Investments) have emerged as final bidders seeking to acquire a majority stake in India’s GVK Airport Holdings.

The GVK Mumbai airport is the second busiest airport in the country in terms of total and international passenger traffic and was the 14th busiest airport in Asia. GVK also received interest from infrastructure investor in Australia AMP Capital, Abu Dhabi Investment Authority and Malaysia Airports, among others.

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