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Paris airport operator plans $1 billion sale of GMR Airports stake while keeping key control rights
Business
Published on 24 April 2026
It sells shares yet retains governance as value crystallizes
Groupe ADP, the operator of Paris airports, agreed a deal worth up to €924 million to sell part of its stake in GMR Airports, targeting as much as 7.3%. ADP will retain co-promoter status and governance rights, with an initial sell-down plus potential further divestment, alongside purchases of convertible bonds to balance value realization and continued upside.
- ADP will sell up to a 7.3% stake in GMR Airports
- Deal value is up to €924 million, about $1 billion
- ADP keeps co-promoter status and governance rights
- Convertible bonds are part of the transaction structure
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times