GMR Airports has completed the acquisition of a 10% stake in Delhi International Airport from Fraport AG, increasing its total shareholding in the airport from 64% to 74%. This transaction is part of GMR's strategy to strengthen its position in the airport sector. Meanwhile, a £130 million deal has been signed for a key gateway site, although details about the parties involved remain unspecified. In a separate development, local business owners in Merthyr are expressing concerns as a £300 million investment for a ski resort is reportedly at risk. Additionally, Brighton's i360 attraction is set to reopen following a closure due to financial difficulties, with plans for a possible name change under consideration. The attraction's reopening is seen as crucial for the local economy, which faces challenges in attracting visitors.
Brighton's i360 is back up and running two months after it closed amid financial problems. Tap below to read more: https://t.co/A1S05uIqLd
🇬🇧 City Signs £363m Deal For Airport ▫Break clause will allow council to pull out if scheme to reopen Doncaster Sheffield site unviable ▫@ChrisBurn_Post #frontpagestoday #UK @yorkshirepost https://t.co/DzyArrq3xT
The boss of Brighton Palace Pier says Brighton and Hove faces a "very difficult future" if more is not done to attract visitors. Tap below to read more: https://t.co/2tWRyGQPnd