Thursday, 27 October 2016

Re: {LONGTERMINVESTORS} GMR Infrastructure : thread


 GMR Group has won an international arbitration against the Maldives government and has been awarded USD 270mn as compensation from the island nation after its contract to build an international airport in Male was arbitrary cancelled. The compensation covers the debt and equity invested in the project along with a return of 17% and also termination payments and legal costs.

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