Bidvest Group
Company description
The Bidvest Group Limited operates as a services, trading, and distribution company. The company operates through seven divisions: Services, Freight, Automotive, Office and Print, Commercial Products, Financial Services, and Electrical. It retails new and pre-owned motor vehicles and tires and offers car and van rental services, vehicle service and repairs, auctions, chauffer drives, and coaches, as well as door to door transfers. The company also provides banking services, including foreign exchange, business, foreign money transfers, deposits and investments, financing options, and trade services.
Company details
Participation in projects
Projects as Project owner per Country ()
Projects as Project owner per Subsector ()
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The company has not participated in any projects.
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Company updates
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January 21, 2020
Bidvest restrained from selling stake in MIAL by Arbitration tribunal
The arbitration tribunal has restrained Bidvest from the transfer of its 13.5% stake in Mumbai International Airport Pvt. Ltd. (MIAL) to the bidder Adani. The hearing stated that no transfer will...
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November 20, 2019
CCI approves Adani's bid to acquire stake in Mumbai International Airport
Indian fair trade regulator CCI has approved Adani's bid to acquire a 23.5% stake in the Mumbai International Airport project. Adani will acquire the stake from Bidvest group (13.5%) and ACSA Glo...
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October 30, 2019
GVK raises funding for 23.5% stake in Mumbai Airport
GVK Power & Infrastructure's subsidiaries, GVK Airport Developers (GVKADL) and GVK Airport Holdings (GVKAHL) have secured funding to buy 23.5% stake in Mumbai International Airport Limited (MIAL)...
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July 10, 2019
Delhi High Court allows Bidvest to sell its stake in Mumbai Airport
Bidvest is set to sell its 13.5% stake in Mumbai International Airport after the ruling of Delhi High Court on July 1. Bidvest holds a stake in consortium Mumbai International Airport Limited (MIAL) t...
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April 15, 2019
GVK-Bidvest stake sale talks have failed
GVK Power & Infrastructure Limited's subsidiary GVK Airport Holdings Limited (GVKAHL) and Bid Services Division (Mauritius) Limited (Bidvest) earlier announced agreement on GVK acquiring the 13.5%...
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March 25, 2019
GVK group to increase its stake in MIAL from 50.5% to 74%
GVK Group is set to increase its stake in Mumbai International Airport Limited (MIAL). Recently GVK acquired 13.5% stake from South Africa-based Bidvest Services and will acquire 10% stake of ACSA Glo...
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February 27, 2019
GVK acquires Bidvest's stake in Mumbai airport
GVK Power & Infrastructure Limited has announced that its subsidiary GVK Airport Holdings Limited (GVKAHL) has exercised its right to acquire 162,000,000 equity shares of Mumbai International...
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October 25, 2018
Three non-binding bids submitted for Mumbai airport stake
Indian conglomerate GVK has reportedly received three non-binding bids for a portion of its 50.5% stake in Mumbai International Airport Ltd (MIAL), the operator of the primary internati...
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July 11, 2018
First phase of US$2.3 billion airport PPP in India reaches financial close
GVK Power & Infrastructure has announced that it has achieved financial close of the first phase of the INR160 billion (US$2.3 billion) Navi Mumbai airport PPP project. The company will...
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