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Daily Archives: June 26, 2008

BIAL to raise $200 mn., eyes valuation of $2-2.5 bn

BIAL to raise $200 mn., eyes valuation of $2-2.5 bnBoby Kurian, Rajesh Unnikrishnan & Peerzada Abrar BANGALORE/MUMBAI THE operator of the newly-opened Bengaluru International Airport is seeking a valuation of up to $2.5 billion to raise about $200 million in equity to fund the second phase of the airport’s development. The valuation of Bangalore International Airport Ltd (BIAL), which sources …

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