BlackRock in talks to invest in Adani Airports at $20 billion valuation
According to a Moneycontrol report, Adani Airports Holdings is close to wrapping up a large capital raise, with BlackRock weighing a major equity stake. This transaction could push the airport operator's valuation past the $20 billion mark. The push for funds arrives as the government readies the privatization of 11 Airports Authority of India facilities, a move expected to boost investor appetite for the Indian aviation infrastructure market.
by shortkt.com✓