India’s Adani Airport to raise $1bn from BlackRock, Temasek and others

Funds for 5.5% stake to be used for airport upgrades, land development Adani Enterprises' airport unit already handles about a quarter of India's passenger traffic and about a third of its air cargo traffic. (Source photos by Reuters) MUMBAI — India's largest private airports operator Adani Airport Holdings said on Wednesday it is raising 98.25 billion rupees ($1.04 billion) from a consortium of investors that includes Alpha Wave Global, Temasek and BlackRock.

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