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Adani Airport Holdings is set to sell up to a 5.54% stake to a group of global and domestic investors.
The investor group includes Temasek, BlackRock, Premji Invest, and Alpha Wave.
The deal is reported to value the airport operator at roughly $18 billion before investment.
The company says the funds will support expansion and modernisation of the airport network.
Why it mattersThe stake sale could bring major capital into Adani’s airport business and signal investor appetite for Indian infrastructure assets.
More context
The proceeds are also intended for linked commercial infrastructure and adjacent businesses.