1. QUOTE from:
    GVK buys 12% in Bangalore airport, wants majority stake
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    An official with an international airports company that tracks the Indian market said the partial exit of Zurich did not come as a surprise. "Zurich have wanted to reduce their exposure in Bangalore (airport) while GVK want to increase their airport portfolio, probably to position themselves more strongly for the Navi Mumbai project" said the official, who cannot be named as he is not authorized to talk to the media. Full Article at livemint.com
    Zurich have wanted to reduce their exposure in Bangalore (airport) while GVK want to increase their airport portfolio, probably to position themselves more strongly for the Navi Mumbai project
    SOURCE: livemint.com 3 weeks ago
All quotes from:
GVK buys 12% in Bangalore airport, wants majority stake
  1. We have not taken a decision to go abroad ... Our focus would be on India.
    SOURCE: livemint.com 3 weeks ago
  2. The existing shareholders have the first right to refusal. We are evaluating the option. A decision will be taken soon
    SOURCE: livemint.com 3 weeks ago
  3. We want to bring visible changes in the (Bangalore) airport.
    SOURCE: livemint.com 3 weeks ago
  4. intends to further grow in terms of operational management contracts in India with new projects.
    SOURCE: livemint.com 3 weeks ago
  5. I’m sure that they hope to buy out Zurich fully at a later stage. Don’t forget that southern India is their home territory. So they’ll feel confident to be able to influence the political scene in their favour. GVK is becoming more aggressive in trying to match GMR’s airport exposure.
    SOURCE: livemint.com 3 weeks ago
  6. Our intention is to have a majority stake and management control as and when we get that opportunity
    SOURCE: livemint.com 3 weeks ago
  7. We still hold 17% in the airport
    SOURCE: livemint.com 3 weeks ago

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