Finance2h ago
Adani Airports to raise Rs 9,825 crore from Temasek, BlackRock, Premji Invest and Alpha Wave
Adani Enterprises will raise around $1 billion by issuing fresh shares in its airport unit, Adani Airport Holdings, to investors including Temasek, BlackRock, Premji Invest and Alpha Wave. The transaction will result in the consortium holding up to 5.54% in the business, while Adani Enterprises will retain control. The fresh capital will be used to fund the airport business.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
ALSO REPORTED BY OTHER SOURCES (2)
Adani Airport to raise $1.3 billion from Temasek and BlackRock, among others
Adani Airport Holdings inks pact to raise $1 billion from investors for 5.54% stake
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