Adanient

Adani Enterprises in focus - 10.06.2021

ADANI ENTERPRISES IN FOCUS

* AdaniGroup's plans to hive off #airport business takes off! Co targets a valuation of $3.5-4 billion for the business. Check out the details!
* Adani Group Has Begun Preliminary Talks To Separate Its Airport Business
• Airport Business Is Holding Part Of Entity Adani Enterprises • This Will Be First Step Toward Listing The Unit
* Conglomerate Expects To Raise $500mn Via Pvt Placement In Adani Airports Holdings
• Fund Raising Is Before An Eventual Initial Public Offering
• Adani Controls Mumbai Airport, India's Second Busiest, As Well Six Regional Facilities
• Co Targeting A Valuation Of Rs 25,500-29,200 Crore ($3.5-4 Billion) For The Business