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Adani Airports raises about $1 billion for external equity ahead of airport privatization

Adani Airport Holdings tapped external equity investors for the first time, raising Rs.9,825 crore (just over $1 billion) to fund a war chest ahead of planned privatization of 11 airports by India’s government.

ADANIENT

NEW DELHI/MUMBAI, Sept. 9,825 crore, or just over $1 billion, to build a war chest ahead of the Indian government’s planned privatization of 11 airports. The report said marquee private equity investors, including Alpha W…